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Why second mortgages are on the homeowner radar

Canadian homeowners access home equity through second mortgages to avoid breaking existing terms amid rising household debt and high credit card interest rates, StatsCan and TransUnion data show.

Summary by Barrie Today
Adding a mortgage can help you access your home equity without sacrificing your current rate or mortgage.

6 Articles

ElliotLakeToday.comElliotLakeToday.com
Lean Left

Spotlight: Why second mortgages are on the homeowner radar

Adding a mortgage can help you access your home equity without sacrificing your current rate or mortgage.

·Elliot Lake, Canada
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Elora Fergus TodayElora Fergus Today
+4 Reposted by 4 other sources
Lean Left

Why second mortgages are on the homeowner radar

Adding a mortgage can help you access your home equity without sacrificing your current rate or mortgage.

·Fergus, Canada
Read Full Article
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Bias Distribution

  • 100% of the sources lean Left
100% Left

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Barrie Today broke the news in Barrie, Canada on Monday, December 1, 2025.
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