What a No Payment Mortgage Can Do for You – Reverse Mortgage
With more seniors retiring each year with debt, a Reverse Mortgage is becoming a popular solution for retirees. And it doesn’t stop here. If you
With more seniors retiring each year with debt, a Reverse Mortgage is becoming a popular solution for retirees. And it doesn’t stop here. If you
A Reverse Mortgage is a mortgage product secured by a principle residence enabling the homeowner to access the equity of the home and not make
Did you know 39% of Canadians or 44% of households are over the age of 55 and is the fastest growing demographic in Canada? There
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
Don’t get swamped 3 Mortgage traps, mortgage pitfalls, mortgage problems and how to avoid them The mortgage trap: Panicking and accepting a high mortgage
Sometimes bad things happen to good people – Job loss, divorce, injury, medical problems can happen to anybody at any time.
If 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.
Going through a Divorce or Separating is stressful enough. Having to deal with selling a house certainly compounds that stress.
OSFI’s internal e-mails, obtained by Tom Kmiec, show the regulator is trying to correct the stress test for mortgage loans. Specifically, the correction is targeting
Even before the advent of the now infamous Covid-19 pandemic, money-watchers were finding a potentially disturbing phenomenon in Canada. The numbers clearly indicated that households