How to Be Prepared for Mortgage Rate Increases

How to Be Prepared for Mortgage Rate Increases

Mortgage rates are rising, making it difficult for new home buyers to afford the home repayments. Here are some tips to help new homeowners keep their mortgage payments within their budget.   Understanding the Mortgage Types The first and most important thing you...
What Is A HELOC?

What Is A HELOC?

As an alternative option to home equity loans, a home equity line of credit – or “HELOC” – is a loan in the form of a revolving line of credit that is secured by the equity contained in your home. Because the loan is directly backed by a tangible asset, it is possible...