Start your renovation with a plan and a finances to keep away from overspending on your house renovation. Consider the upfront and ongoing fees in addition to the rate of interest when calculating the costs for a home enchancment mortgage.
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According to Toronto-based actual estate consultants, Altus Group, renovation spending has been rising for 15 years—from $forty five-billion in 2006 to $seventy one-billion in 2015. If house costs proceed to rise, or even if prices taper off and keep stagnant on the current excessive valuations, the continuing renovation pattern is sure to continue. But as …