Home Equity Loans Remain Popular with Borrowers
Despite the recent increase in mortgage rates, loans backed by the equity in one’s home are still one of the cheapest ways to borrow money.
The market for these loans in Canada and the U.S. has decreased only slightly in the past few months, but there are definite differences in the borrowing strategies being used.
For the full story, check out Real Estate A Handy Piggy Bank, a recent article in the San Francisco Chronicle.