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2 selected videos
SMP: Theresa's Soap Box - CMHC Rule Changes - Home Equity Line of Credit
Today we're here to talk about home equity lines of credit and the new CMHC changes announced earlier this week.
A home equity credit is a credit line, think of something similar to your credit card, but secured to your property. What this means is that you can borrow a very large sum of money because your property itself is worth hundreds and thousands of dollars. You could borrow this money at a very cheap rate similar to mortgage rates. Compared to your credit card, which might be...
Related topics : line of credit home equity rates
SMP: Theresa's Soap Box - Mortgages and Student Loans
Let's take a few minutes to talk about refinancing...
The obvious reasons to refinance are to get a lower interest rate or consolidate your debt. However, we want to spend a few minutes today to talk about refinancing your mortgage to help pay for your kid's post secondary education.
To read more visit: http://www.suttonmember.com/blog
Related topics : debt consolidation loan interest rates
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