Covid-19 Tag

To many people, the idea of taking out a loan can be a scary one. While some may fear being trapped inside a “cycle of debt” of making payments, if done strategically, a home equity loan may, in fact, prove to be financially advantageous. However,...

With coronavirus cases seemingly on an endless rise worldwide, it can become discouraging to think about how much more of the pandemic we must endure, and the subsequent effects the struggling economy may continue to have on the livelihoods of the workforce. While medical professionals...

As a homeowner starts to pay down their mortgage throughout the years, they begin building home equity. The more they pay toward their mortgage, the more home equity they gain for future use. Your equity will also rise if and when your property increases in...

With CERB coming to an end for the majority of Canadians, many are starting to look for alternative solutions of meeting their mortgage payments. Many Canadian banks and private mortgage companies recently took action to make it easier for consumers with urgent financial needs due...

Before the COVID-19 pandemic, living pay cheque to pay cheque, while not the option of choice for many, was nevertheless manageable. However, with the economy at a downturn, cash is tighter than ever for many households and individuals, and bills are proving to be harder...

With the unprecedented situation the economy is facing right now, many homeowners are choosing to take out home equity loans to cover their expenses. If you are on the fence about taking out a loan, this article may help you decide whether a home equity...