Reverse Mortgage

In the last couple of decades, Canadians have seen incredible growth in home values. So if you’re one of the lucky folks that bought a home early and held, you’re probably eyeing some of that home equity to fund your retirement with a reverse mortgage. You have two options at this point. Either sell your…

Ads for reverse mortgages have been floating around more often lately. They’re a great option for many, but there are also some misconceptions leaving people wondering, “what are the disadvantage of a reverse mortgage?” A reverse mortgage is not too difficult to understand, but there are pros and cons that go along with one (just…