This week: we take a look at what the Canadian Real Estate Association’s benchmark home price gets you across Canada. Plus, a ...
Today, Bloom Finance Company Ltd. ("Bloom") is excited to introduce SafeRate™, Canada's first reverse mortgage with a lifetime fixed interest rate, designed to provide older homeowners with unmatched ...
Is a reverse mortgage a good idea in Canada? A reverse mortgage can be a great solution for retirees with not enough saved to pay for ongoing living costs. As a loan that does not require immediate ...
Retirees often struggle to operate on a fixed income — but today's economy, with its rising prices and increasing costs of living, makes things even harder. Fortunately for homeowners, there are ...
While reverse mortgages in the U.S. have struggled to push beyond their current market penetration rate for the past several years, their international equivalents don’t always have the same ...
A reverse mortgage is designed for homeowners 62 or older that allows them to convert part of the equity in their home into cash. On its face, a reverse mortgage may sound like a ...
Guaranteed Rate Affinity (GRA) announced this week that it has appointed longtime reverse mortgage industry professional Dino Guadagnino to serve as regional vice president of reverse mortgages. His ...
For older homeowners considering a reverse mortgage, one of the most important factors to understand is the 60% rule. This lending cap, introduced as a safeguard, determines how much money borrowers ...