March 2023

How to best leverage your home equity?

A home is a wealth-building asset when you have paid off the mortgage, more so if you have enough of an income to pay cash. Once your mortgage is paid off, you can leverage your equity to access funds for retirement or other wealth building activities. Your home equity is simply a measurement of how much of your property you own, i.e. how much you’ve paid for versus how much mortgage is...

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