5 Things to Do
with Your Home
Equity This Fall
As the kids head back to school and routines fall into place, September is a great time to take stock of your finances and home goals. If you’ve built up equity in your home, you may have more financial flexibility than you think. Here are five smart ways Canadians are putting their home equity to good use this fall:
1. Consolidate high-interest debt
Carrying credit card debt or other loans? Fall is a smart time to consolidate at a lower rate using your home equity. It simplifies your payments and can help you save significantly on interest.
2. Fund education costs
Whether it’s post-secondary tuition, private school fees, or professional development, education can be expensive. Home equity can help you invest in your family’s future without draining your savings.
3. Renovate before winter
Thinking about new windows, better insulation, or an upgraded kitchen? Contractors are often more available in fall, and you’ll enjoy the improvements all winter long.
4. Set up a home office
Hybrid and remote work are here to stay. A dedicated, functional workspace can increase productivity—and even your home’s value.
5. Build an emergency fund
Accessing home equity to create or boost a financial safety net gives peace of mind, especially heading into the holiday season.
Whether you’re investing in your home, your family, or your future, using your equity wisely can help you stay in control of your financial goals. Want to explore your options? Capital Direct is here to help.