Reverse Mortgage Information
A reverse mortgage is basically for seniors starting from the age of 55 years up. Over the years a reverse mortgage as a product gained bad reputation due to being misunderstood. A lot of myths and conceptions grew around it despite the many advantages and benefits it...
Reverse Mortgage Information
How Reverse Mortgages Work in CanadaIf you’re like many other 55+ Canadians, much of what you own fits into two categories—the equity in your home and the money you’ve saved. Chances are, the value of your home has grown over the years and makes up a good...
Reverse Mortgage Information, Summary
In one way or another we have all been affected by the corona virus, and will continue to be as the economy, and the housing industry continues to recover. One thing that has been growing in popularity over the years has been reverse mortgages. Reverse mortgages are a...
Reverse Mortgage Information, Summary
Banks are expecting an influx of new reverse mortgage loans starting in September and October when deferral programs start to end. Seniors who have businesses still have take quite a hit because of the Corona virus and the fall out of lock downs and social distancing....
Reverse Mortgage Information, Summary
Concerns about economic impact of Covid-19 disruptions did not spare Canada, but some of the recent signs show that a return to normalcy is imminent. In a situation where many people need cash in the near future, Canadian homeowners are left to negotiate strategies...
Reverse Mortgage Information, Summary
As the aging demographic in Canada increases, it has become much more apparent that the fruits of their labor are what is carrying the economy. While their assets are flattening because of the COVID 19 pandemic, there are ways to increase the funds that you have on...
