FAIR Canada believes it is highly inappropriate (and overly risky) for most individuals to borrow to invest (otherwise known as «leverage»), particularly where
it involves borrowing against your home.
It's a loan that
involves borrowing against your home, with the property serving as collateral to secure the loan.
FAIR Canada believes it is highly inappropriate (and overly risky) for most individuals to borrow to invest (otherwise known as «leverage»), particularly where
it involves borrowing against your home.
Not exact matches
But
borrowing against your
home often
involves some of the same fees you pay when getting a first mortgage, such as for an appraisal, so determine what these will amount to when figuring out the savings.