Mortgage 1: Condo Investment Rental Property
$160K left in mortgage. Property valued at about $430K with expiry on July 1, 2018. I want to withdraw some equity of about $100K from this to invest in another investment property.
Mortgage 2: Principle Residence Detached House
$300K left in mortgage. Property valued at about $800K with expiry on September 1, 2018. I want to have a HELOC so that I can do the cash damming strategy from my rental unit(s) to save on my income taxes.
Family Income of $200K plus with excellent credit. Is it too early to start the process now but I do see the rates going up? What are the best rates available know both fixed and variable?