The nicer weather in Edmonton makes it easier to renovate your home. No worries about insulation, swapping out windows, leaving the door open and venting those paint fumes. Edmontonians are reveling in home renos and using the equity in their homes as probably the cheapest way to borrow money to do it.
Hello HELOC
A cute anacronym – HELOC – which stands for Home Equity Line of Credit. It’s an interesting thing because the equity in your home is kind of yours and it kind of isn’t. You’re borrowing money from the bank but you’re sort of borrowing your money. Yet you must pay interest on it. It’s actually the preferred way by countless Canadians home owners to pay for those big-ticket home reno projects and for good reason. It can be the
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