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Tag: home equity

HELOC and home equity loan rates today, January 23, 2026: Clinging to multi-year lows

January 23, 2026January 23, 2026 · Business

The national average rate for second mortgage products, such as home equity loans and lines of credit, continues to hold close to multi-year lows. The prime rate, a…

Read more HELOC and home equity loan rates today, January 23, 2026: Clinging to multi-year lows
Borrowing from your HELOC to invest in equities – MoneySense

Borrowing from your HELOC to invest in equities – MoneySense

September 16, 2024September 17, 2024 · Finance

Borrowing to invest can be risky. It can magnify your returns, as well as your losses. The best candidate for leveraged investing is someone with a high risk…

Read more Borrowing from your HELOC to invest in equities – MoneySense
Why a reverse mortgage should be a last resort for Canadian retirees – MoneySense

Why a reverse mortgage should be a last resort for Canadian retirees – MoneySense

August 21, 2024August 21, 2024 · Finance

“This leaves a total outstanding now of $204,939, with the interest owing being 25% of the balance owing after only five years,” says Ardrey. “As time goes on,…

Read more Why a reverse mortgage should be a last resort for Canadian retirees – MoneySense
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