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Home equity options: When should you choose a reverse mortgage over a conventional mortgage or HELOC?

Author: External Author | | Categories: Home Equity Line of Credit

With home property values in Canada increasing at an astonishing rate—the national average sale price went up 25% between February 2020 and February 2021—homeowners across the country may be considering the various ways they can tap into their growing equity. 

Original Article Source Credits:   MoneySense , https://www.moneysense.ca/

Article Written By:  NA

Original Article Posted on:  APRIL 30, 2021

Link to Original Article:  https://www.moneysense.ca/save/retirement/home-equity-options-when-should-you-choose-a-reverse-mortgage-over-a-conventional-mortgage-or-heloc/

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