OSFI spares HELOC lovers in long-anticipated regulatory update - The Globe and Mail
6/29/2022 12:00:00 AM3 years 8 months ago
by Robert McLister
by Robert McLister
OSFI did not put the smackdown on HELOCs, but did limit the readvanceability of readvanceable mortgages – and that’s going to force some borrowers to make adjustments
Welcome to Mortgage Rundown, a quick take on Canadas home financing landscape from mortgage strategist Robert McLister. Some feared Canadas banking regulator would put the smackdown on home equity l… [+6022 chars]
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