For anyone that has recently initiated or been recently looking at HELOC options, what is the best option right now?
I know MDJ made a post a couple years ago on this and there is a comparison chart for all the available readvanceable mortgages in Canada but this was made almost 2 years ago.
Has anything other than rates changed or new options added to this list that important to consider? What rates are being offered today and what are people finding is the best option if someone were to begin the Smith Manoeuvre today?
Is it still a tossup between the MDJ's three favourites depending on which offers the lowest rate?
I know MDJ made a post a couple years ago on this and there is a comparison chart for all the available readvanceable mortgages in Canada but this was made almost 2 years ago.
Has anything other than rates changed or new options added to this list that important to consider? What rates are being offered today and what are people finding is the best option if someone were to begin the Smith Manoeuvre today?
Is it still a tossup between the MDJ's three favourites depending on which offers the lowest rate?