Reverse Mortgages
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The pandemic housing craze is fuelling another boom: reverse mortgagesLow interest rates and soaring home prices are driving new demand for reverse mortgages, lenders say.MoneyJan 30, 2021
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More seniors expected to turn to reverse mortgages due to COVID-19Financial difficulties for older Canadians and concerns about long-term care homes could generate new demand for reverse mortgages.MoneyJun 9, 2020
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Sandwich generation 2.0: Who will pay for baby boomers’ long-term care costs?'Who will take care of mom and dad?' is becoming an even more difficult questions as boomers start to be those who need care.MoneyOct 19, 2019
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Reverse mortgage, downsizing or HELOC? The best way to boost your retirement incomeUsing your house to boost your retirement income can be tricky, but there are a few ways to squeeze cash out of your home.MoneyJul 24, 2018
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Reverse mortgage: Is this the solution if you retire cash-poor?For penniless retirees who own their homes, this can be a lifeline. But the costs are steep.MoneyJul 17, 2018
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