Canadian real estate owners are wasting no time burning though that new equity. Canada Mortgage and Housing Corporation (CMHC), using Equifax data, crunched the number HELOC borrowers across Canada. The agency found two-thirds of borrowers have used their HELOCs, and owe an average of nearly six-figures. Tapped Vs. Untapped HELOC Debt Home equity line of … Continue reading Canadian Real Estate Owners That Tapped A HELOC Owe An Average of Over $97k