Delinquent HELOC debt expected to soon rise as interest rates increase, say experts - The Globe and Mail


7/7/2022 12:00:00 AM2 years 10 months ago
by Ben Mussett

Nearly six in 10 HELOC holders carry an outstanding balance, according to a recent survey

A house on Hillside Ave, in Torontos west end that has been sold, is on May 18.Fred Lum/the Globe and Mail As interest rates tick up, financial experts expect to see delinquency on home equity lines… [+3514 chars]

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