More Canadians are Using Home Equity as Security: What This Means for You
According to the Office of the Superintendent of Financial Institutions (OSFI) more Canadians using residential real estate to secure loans.
Mortgage Professionals Canada has also identified the latest trends in home equity borrowing.
We’ve compiled the data on the Purview blog so mortgage professionals can use it to find more lead opportunities. Read it here: https://www.purview.ca/home-equity-borrowing-trend-loans-secured-with-residential-real-estate/.