6/29/2022 | Posted in Canadian HELOC by Sheru Asnani
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Home equity lines of credit (HELOCs) were a common way for Canadian homeowners to tap into their home’s equity during the long run of low interest rates and rapidly ... More
5/26/2022 | Posted in Home Owners by Sheru Asnani
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More than 9 out of 10 Canadians want to be able to live out their retirement years in the comfort of their home, and reverse mortgages are increasingly being used to make that ... More
12/8/2017 | Posted in Financial Health by Sheru Asnani
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Canadian families increased their net worth by 14.7% in the four years from 2012-2016 according to new data from Statistics Canada.
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8/9/2017 | Posted in Mortgage News by Sheru Asnani
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The number of new mortgages continued higher in 2016 but the share of first-time buyers slipped, CMHC says. The crown corporation reports that there were just over 1 ... More
6/9/2017 | Posted in Financial Health by Sheru Asnani
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A federal agency is warning consumers addicted to home equity lines of credit — a product increasingly driving debt — could find themselves at increased risk ... More
11/30/2016 | Posted in Mortgages and Real Estate by Sheru Asnani
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Canada Mortgage and Housing Corp., the Crown corporation that controls about half of the mortgage default insurance market in the country, continues to shrink its ... More
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