Home economics: How moving to a smaller city can reap big financial gains
Leaving Toronto for Winnipeg, the author pocketed 113% in real estate gains—and experts say there are still profits to...
Mortgages
Life insurance vs. mortgage insurance: Let’s break it down
Usually it’s a choice between term life insurance and whole life insurance. But where does mortgage insurance come into...
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What happens at the end of a reverse mortgage?
Myth: seniors who sign reverse mortgage contracts will lose possession of their homes. In fact, there are three common...
House hunters: 7 tips for buying in a seller’s market
Record-low mortgage rates, combined with a low supply of available homes, have created a cut-throat market for buyers across...
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How do mortgage brokers get paid?
Adil is about to close on a home purchase and is surprised that his mortgage broker is asking for...
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Downsizing vs reverse mortgage: Which option is right for you?
Depending on your age, where you live currently and where you want to live in retirement, selling your home...
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House rich: How to access the equity in your home
With property values continuing to increase in many parts of the country, many homeowners are looking for ways to...
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Reverse mortgage vs HELOC: Deciding the best way to access the equity in your home
If you don’t have income, or suddenly face a job loss or emergency expense, it may be difficult to...
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Myths and facts of reverse mortgages
Although there is growing interest in this financial product, which allows Canadians to borrow up to 55% of their...