Canadian banks expected to tighten home equity access as aid measures wind down
Canadian banks are expected to
tighten access to home equity lines of credit (HELOCs) when
coronavirus-linked government assistance programs end in a few
months, as lenders seek to limit credit to already-stretched
borrowers, industry watchers said.
tighten access to home equity lines of credit (HELOCs) when
coronavirus-linked government assistance programs end in a few
months, as lenders seek to limit credit to already-stretched
borrowers, industry watchers said.
Posted by Reuters
