How to get the lowest possible interest rate on a HELOC, how to understand introductory rates and predict future payments when interest rates rise. Where to go for a loan and how to make yourself a top notch candidate, credit-wise, for a good deal.
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House rich and money poor: Deal with your debt, you’ve been warned – House rich and money poor Canadians are once again being urged to rein in their debt. The latest warning comes from Canada Mortgage and Housing Corporation. CMHC says households with elevated debt are.
Why it pays to review your mortgage regularly.. If you do nothing when rates change or your mortgage deal ends, you could lose out to many better deals that are available in the market.. better still – stick to your original payments and reduce the mortgage term.
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