Sentences with phrase «head of home equity»

«The current economic environment does not appear to have dampened Canadians» overall confidence in the housing market,» says Karen Leggett, head of home equity financing for RBC Royal Bank.

«We are seeing more single women entering into the housing market, as income levels, changing demographics and lifestyle patterns shift purchasing habits,» said Marcia Moffat, head of home equity financing for RBC, in a release.

Not exact matches

The idea bounces around in the head of just about every homeowner, or at least every homeowner over 50: If I fall short on my retirement savings, maybe my home equity can help pay my bills.

Phil Orlando, chief equity strategist at Federated Investors and head of its Global Allocation fund, said he was not put off by the fact that U.S. home ownership rates hit a 20 - year low in the fourth quarter.

There are tons of investments that don't punish you for taking money out before you're 65, refinancing doesn't really affect liquidity (unless you're taking out more money, in which case it's just a loan on which you have to pay interest), and HELOCs (home equity lines of credit) are nothing more than a credit card whose collateral is the roof over your head.

Essential bank jargon: Two terms the FCAC wants you to wrap your head around are «HELOCs» (home equity lines of credit) and «readvanceable mortgages» (an unfortunate mouthful that refers to term mortgages wrapped up with HELOCs and sometimes other products such as credit cards).

In 2007, nearly two - thirds of American families headed by people 62 or older owned a home free and clear But 20 percent were «cash - poor,» according to the MetLife Mature Market Institute, and could have used that equity to improve the quality of their lives.

When a dispute heads to court, spouses who once trusted each other implicitly and gladly sacrificed their personal interests for the greater good of the whole suddenly and jarringly find themselves embroiled in an adversarial contest, and paying handsomely for the pleasure out of the equity in their home or their children's patrimony.

The report, «Importance of Individual Account Retirement Plans and Home Equity in Family Total Wealth,» compared assets in households headed by those between the ages of 25 and 64, computing the share of assets comprised of home equity and retirement plans (e.g., 401 (k), IRA)-- the other key source of income in retiremHome Equity in Family Total Wealth,» compared assets in households headed by those between the ages of 25 and 64, computing the share of assets comprised of home equity and retirement plans (e.g., 401 (k), IRA)-- the other key source of income in retirEquity in Family Total Wealth,» compared assets in households headed by those between the ages of 25 and 64, computing the share of assets comprised of home equity and retirement plans (e.g., 401 (k), IRA)-- the other key source of income in retiremhome equity and retirement plans (e.g., 401 (k), IRA)-- the other key source of income in retirequity and retirement plans (e.g., 401 (k), IRA)-- the other key source of income in retirement.

«We regret this situation and have been working diligently since it was discovered to fully identify all affected accounts,» said Catherine Adams, head of RBC Home Equity Products, in a release.

«This is very nice program for Calgarians for the first time Home buyers and give them a head start» says Navtaj Chandhoke, founder of Professional Real Estate Investors Group (PREIG) Canada, «instead of renting it and not able to built equity as well as take advantage of appreciation.

Households headed by someone age 55 or older account for two - thirds of the nation's total home equity, according to data from the most recent (2016) Survey of Consumer Finances.