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Podcast: DebtMatters Podcast
Episode: 6 - Using Home Equity Loans to Pay Off Debt
Description: Very few people could have predicted the pandemic housing boom in Canada over the last year and a half. Homeowners have found that the equity in their homes has increased substantially. This has led many to wonder if they should utilize that equity to pay down their debts. But where do you start and what are the different options available to you?In this podcast Licensed Insolvency Trustee, Derek Chase talks about refinancing your home to avoid debt problems. The following topics are explored:Refinancing your home with your mortgage lenderTaking out a second mortgageHome Equity...