Reverse Mortgages

• The pandemic housing craze is fuelling another boom: reverse mortgages

  Low interest rates and soaring home prices are driving new demand for reverse mortgages, lenders say.

  Money

  Jan 30, 2021
  
• More seniors expected to turn to reverse mortgages due to COVID-19

  Financial difficulties for older Canadians and concerns about long-term care homes could generate new demand for reverse mortgages.

  Money

  Jun 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.

  Money

  Oct 19, 2019
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• Reverse mortgage, downsizing or HELOC? The best way to boost your retirement income

  Using your house to boost your retirement income can be tricky, but there are a few ways to squeeze cash out of your home.

  Money

  Jul 24, 2018
• 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.

  Money

  Jul 17, 2018