Canada's banking regulator to tighten mortgage-HELOC rules to curb rising homeowner debt - The Globe and Mail

The trendiest type of home equity line of credit is in the crosshairs of Canada’s banking regulator, which is looking to curb risky borrowing as rising interest rates put added pressure on heavily indebted homeowners

Houses for sale in a new subdivision in Airdrie, Alta., Friday, Jan. 28, 2022. The Canadian Real Estate Association says the pace of home sales fell in April as mortgage rates moved higher.Jeff McInt… [+8681 chars]

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