Original Article Source Credits: CBC News , https://www.cbc.ca/
Article Written By: Pete Evans
Original Article Posted on: Jun 01, 2021
Link to Original Article: https://www.cbc.ca/news/business/stress-test-mortgage-real-estate-1.6046758
Author: External Author | | Categories: Mortgage Broker , Private Mortgage Lending
Original Article Source Credits: CBC News , https://www.cbc.ca/
Article Written By: Pete Evans
Original Article Posted on: Jun 01, 2021
Link to Original Article: https://www.cbc.ca/news/business/stress-test-mortgage-real-estate-1.6046758
Author: External Author | | Categories: First Time Home Buyer Mortgage , Mortgage Broker
Original Article Source Credits: CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/
Article Written By: Steve Huebl
Original Article Posted on: June 15, 2021
Link to Original Article: https://www.canadianmortgagetrends.com/2021/06/housing-market-moderates-in-may-but-prices-forecast-to-rise-19-3-this-year/
Author: External Author | | Categories: First Time Home Buyer Mortgage , Mortgage Broker
Original Article Source Credits: CANADIAN MORTGAGE TRENDS, https://www.canadianmortgagetrends.com/
Article Written By: Steve Huebl
Original Article Posted on: June 22, 2021
Link to Original Article: https://www.canadianmortgagetrends.com/2021/06/low-rates-helping-borrowers-pay-off-mortgages-at-record-pace/
Author: External Author | | Categories: First Time Home Buyer Mortgage , Mortgage Broker
Original Article Source Credits: Better Dwelling , https://betterdwelling.com/
Article Written By: Daniel Wong
Original Article Posted on:
Link to Original Article: https://betterdwelling.com/canada-now-dedicates-more-investment-capital-to-housing-than-business-bmo/
Author: External Author | | Categories: Mortgage Rates
Original Article Source Credits: Financial Post , https://financialpost.com/
Article Written By: Clayton Jarvis
Original Article Posted on: May 25, 2021
Link to Original Article: https://financialpost.com/moneywise/canadas-high-unemployment-may-help-low-mortgage-rates-stick-around
Author: External Author | | Categories: First Time Home Buyer Mortgage , Mortgage Broker
Original Article Source Credits: Better Dwelling , https://betterdwelling.com/
Article Written By: Stephen Punwasi
Original Article Posted on:
Link to Original Article: https://betterdwelling.com/canadas-real-estate-industry-just-asked-osfi-to-loosen-the-mortgage-stress-test/
Author: External Author | | Categories: First Time Home Buyer Mortgage
Original Article Source Credits: CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/
Article Written By: Steve Huebl
Original Article Posted on: May 3, 2021
Link to Original Article: https://www.canadianmortgagetrends.com/2021/05/first-time-home-buyer-incentive-2-0-now-available/
Author: External Author | | Categories: Mortgage Broker , Mortgage Rates
Original Article Source Credits: CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/
Article Written By: Steve Huebl
Original Article Posted on: May 12, 2021
Link to Original Article: https://www.canadianmortgagetrends.com/2021/05/latest-in-mortgage-news-house-prices-to-moderate-this-year-says-cmhc/
Author: External Author | | Categories: Debt Consolidation , First Time Home Buyer Mortgage , Mortgage Broker , Mortgage Calculator , Mortgage Rates , Private Equity Investors , Private Mortgage Lending , Refinance Mortgage , Self Employed Mortgage
Original Article Source Credits: CTV News, https://www.ctvnews.ca
Article Written By: Patricia Lovett-Reid
Original Article Posted on: March 30, 2021
Link to Original Article: https://www.ctvnews.ca/business/pattie-lovett-reid-from-first-time-buyers-to-luxury-homes-canada-s-real-estate-market-is-on-fire-1.5366979
Author: External Author | | Categories: First Time Home Buyer Mortgage , Mortgage Broker , Mortgage Calculator , Mortgage Rates , Private Equity Investors , Private Mortgage Lending , Reverse Mortgage , Royal Canadian Legion , Self Employed Mortgage
Original Article Source Credits: betterdwelling, https://betterdwelling.com
Article Written By: NA
Original Article Posted on:
Link to Original Article: https://betterdwelling.com/city/toronto/greater-toronto-new-home-sales-fall-34-as-pent-up-demand-releases
Author: External Author | | Categories: Debt Consolidation , First Time Home Buyer Mortgage , Mortgage Broker , Mortgage Rates , Private Equity Investors , Private Mortgage Lending , Refinance Mortgage , Reverse Mortgage , Self Employed Mortgage
Original Article Source Credits: mortgagebrokernews.ca, https://www.mortgagebrokernews.ca
Article Written By: Ephraim Vecina
Original Article Posted on: 08 Mar 2021
Link to Original Article: https://www.mortgagebrokernews.ca/news/will-the-bank-of-canadas-rates-be-moving-again-soon-353667.aspx
Author: External Author | | Categories: Debt Consolidation , First Time Home Buyer Mortgage , Mortgage Broker , Mortgage Calculator , Mortgage Rates , Private Equity Investors , Private Mortgage Lending , Reverse Mortgage , Royal Canadian Legion , Self Employed Mortgage
Original Article Source Credits: mortgagebrokernews.ca, https://www.mortgagebrokernews.ca
Article Written By: Fergal McAlinden
Original Article Posted on: 07 Apr 2021
Link to Original Article: https://www.mortgagebrokernews.ca/news/should-you-consider-a-variable-rate-mortgage-354716.aspx
Author: External Author | | Categories: First Time Home Buyer Mortgage , Mortgage Broker , Mortgage Calculator
Original Article Source Credits: Storeys , https://storeys.com/
Article Written By: Kayla Gladysz
Original Article Posted on: MAR 22, 2021
Link to Original Article: https://storeys.com/canadians-expect-home-prices-increase-bloomberg/
Author: External Author | | Categories: Mortgage Broker
Original Article Source Credits: Better Dwelling , https://betterdwelling.com/
Article Written By: Stephen Punwasi
Original Article Posted on:
Link to Original Article: https://betterdwelling.com/canadas-real-estate-industry-is-forecasting-lower-prices-from-here/
Author: External Author | | Categories: First Time Home Buyer Mortgage , Mortgage Broker
Original Article Source Credits: Canada.ca , https://www.canada.ca/
Article Written By: NA
Original Article Posted on:
Link to Original Article: https://www.canada.ca/en/financial-consumer-agency/services/mortgages/choose-mortgage.html
Author: External Author | | Categories: Mortgage Rates
Original Article Source Credits: Yahoo Finance , https://ca.finance.yahoo.com/
Article Written By: Jessy Bains
Original Article Posted on: March 4, 2021
Link to Original Article: https://ca.finance.yahoo.com/news/canadian-banks-raise-some-mortgage-rates-lower-others-192709963.html
Author: Homeguard Funding Ltd. |
With so many ‘Baby Boomers’ reaching retirement age (and beyond), there’s no shortage of advertising for reverse mortgages. It’s a popular financial tool for some retirees, in particular, those who have become ‘house rich and cash poor’ due to rising health care costs and living expenses, alongside incomes that remain relatively fixed.
Author: Homeguard Funding Ltd. |
Hopefully you’ve read Part 1 of this reverse mortgage series, where we have cleared up some of the myths and misconceptions about this financial tool.
We have one final concern that wasn’t addressed in the previous blog, which was whether or not the surviving spouse or partner may be stuck repaying the loan after the homeowner passes away. Fortunately, surviving spouses can remain in the home without having to make payments, as long as they are also registered on the mortgage. And unless they choose to sell the home.
Author: Homeguard Funding Ltd. |
If you’ve read parts one and two of our Reverse Mortgage series, you are hopefully better informed about the myths and misconceptions, advantages and disadvantages of this financial tool. Now let’s take a look at the available products, and how one might use them.
You may have seen advertisements for the CHIP reverse mortgage. This is the original product – and still the most popular – although it has changed over the years to better serve clients better.
Author: External Author | | Categories: Mortgage Rates
Original Article Source Credits: Financial Post , https://financialpost.com/
Article Written By: Liz Beddall
Original Article Posted on: February 1, 2021
Link to Original Article: https://financialpost.com/moneywise/mortgage-rates-may-rise-as-bank-of-canada-ends-emergency-pandemic-program-2