Reverse Mortgages

Your local Mortgage specialist is Ray khan. 20 Year Veteran at RBC, Scotia Bank and BMO. NO FEES & SATISFACTION GUARANTEED!

Your entire mortgage is processed and fulfilled by Dan Simpson Mortgage Team, powered by the Dominion Lending Centres. From the beginning of the application to the closing day, we will be by your side, and rest assured your well taken care of. Please note there is no broker fee charged to you for any of our services and there is no obligation to continue should your not satisfied for any reason.

Big mortgages, few listings and fierce competition: Welcome to the spring housing market of 2023 — The Globe and Mail 03/18/2023

Big mortgages, few listings and fierce competition: Welcome to the spring housing market of 2023 — The Globe and Mail Competition is heating up across the country, in cities such as Chilliwack, B.C., and London, Ont., and in major urban centres such as Calgary and Toronto, as Canada’s housing market comes back to life with the approach of spring

The Canadian Real Estate Bubble Is Popping As Mortgage Rates Throttle Credit - Better Dwelling 12/22/2022

The Canadian Real Estate Bubble Is Popping As Mortgage Rates Throttle Credit

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The Canadian Real Estate Bubble Is Popping As Mortgage Rates Throttle Credit - Better Dwelling The Canadian real estate bubble got a big boost from low rates, and prices are correcting as rates soar. Home prices climbed aggressively as cheap credit flooded the mortgage market until March. As rates increased, credit was throttled, and the opposite effect began to appear. Home prices are now do...

November data show housing markets are still in "correction mode" - Mortgage Rates & Mortgage Broker News in Canada 12/15/2022

November data show housing markets are still in correction mode

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November data show housing markets are still in "correction mode" - Mortgage Rates & Mortgage Broker News in Canada The housing slowdown continued in November with home sales down over 50% year-over-year in some of the country's biggest cities.

12/07/2022

WHAT MAKES REVERSE MORTGAGES STAND OUT
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How To Use a Reverse Mortgage as a Social Security Bridge Strategy 12/01/2022

How To Use a Reverse Mortgage as a Social Security Bridge Strategy

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How To Use a Reverse Mortgage as a Social Security Bridge Strategy Most people approaching retirement plan to rely on Social Security payments for at least part of their retirement income, and they also realize that the longer they wait to claim those benefits, the bigger their monthly Social Security check will … Continue reading → The post This Social Securit...

High interest rates kept would-be homebuyers on the sidelines in October - Mortgage Rates & Mortgage Broker News in Canada 11/24/2022

High interest rates kept would-be homebuyers on the sidelines in October

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High interest rates kept would-be homebuyers on the sidelines in October - Mortgage Rates & Mortgage Broker News in Canada High inflation and rising interest rates are keeping would-be homebuyers on the sidelines, further driving down home sales in most metro areas.

11/17/2022

Over half of mortgage borrowers concerned about renewals

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11/10/2022

Renewing your mortgage as the Bank of Canada continues to hike interest rates

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Renewing your mortgage as the Bank of Canada continues to hike interest rates If your mortgage is up for renewalin the coming months, you may be beginning to panic at the prospect of paying more to finance your home as the Bank of Canada…

11/07/2022

MEET THE FACE BEHIND REVERSE MORTGAGES

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Retirement Planning: 3 RRSP Stocks to Strengthen Your Portfolio 10/27/2022

Retirement Planning: 3 RRSP Stocks to Strengthen Your Portfolio

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Retirement Planning: 3 RRSP Stocks to Strengthen Your Portfolio If you are looking for the right stocks to make a healthy retirement portfolio or to strengthen its return potential, three companies should be on your radar.

How might inflation impact your retirement plans? - MoneySense 10/20/2022

How might inflation impact your retirement plans?

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How might inflation impact your retirement plans? - MoneySense Inflation not only affects the cost of living—it could mean your investments don’t grow the way you've hoped. Consider these strategies to keep your nest egg safe.

10/14/2022

A BEGINNER’S GUIDE TO PLANNING YOUR RETIREMENT

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Reverse mortgage market has plenty of room to grow, but risks abound 10/14/2022

Reverse mortgage market has plenty of room to grow, but risks abound

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Reverse mortgage market has plenty of room to grow, but risks abound Canada’s reverse mortgage market lags its peers, but lenders should be wary of its risks as the market grows, says a report. Read more.

Reverse mortgages take off in Canada as more seniors look to 'age in place' 10/06/2022

Reverse mortgages take off in Canada as more seniors look to age in place

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Reverse mortgages take off in Canada as more seniors look to 'age in place' More Canadian seniors have been tapping into their home equity for cash to fund retirement over the course of the pandemic. Learn more.

Should I sell and rent or get a reverse mortgage? - MoneySense 09/29/2022

Should I sell and rent or get a reverse mortgage?

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Should I sell and rent or get a reverse mortgage? - MoneySense What to consider before selling your home or getting a reverse mortgage. The math reveals the real costs for retirees.

Retiring with a mortgage in Canada: is it a good idea? 09/22/2022

Retiring with a mortgage in Canada: is it a good idea?

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Retiring with a mortgage in Canada: is it a good idea? Though retirement is often looked forward to as a time of relaxation, it also is the cause of a lot of anxiety about just how you plan to fund it all. You may plan to stop working in retirement, but that doesn't mean the bills stop coming in.

Retirement Planning in 2022: Be Sure to Factor in Inflation 09/15/2022

Retirement Planning in 2022: Be Sure to Factor in Inflation

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Retirement Planning in 2022: Be Sure to Factor in Inflation Stubborn inflation in 2022 calls for a new approach to retirement planning. Future retirees are advised to factor inflation into their financial plans to counter spikes and cope with long-term cost increases. Stubborn inflation in 2022 calls for a new approach to retirement planning. Future retirees...

What happens at the end of a reverse mortgage? - MoneySense 09/08/2022

What happens at the end of a reverse mortgage?

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What happens at the end of a reverse mortgage? - MoneySense Myth: seniors who sign reverse mortgage contracts will lose possession of their homes. In fact, there are three common ways for the loan to wrap up. Here are the details.

How a reverse mortgage works in Canada -- and why you should consider one 09/01/2022

How a reverse mortgage works in Canada -- and why you should consider one

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How a reverse mortgage works in Canada -- and why you should consider one Canada's skyrocketing home values are shining a spotlight on reverse mortgages

“Which reverse mortgage is right for me?” - MoneySense 08/25/2022

Which reverse mortgage is right for me?

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Visit https://www.reverseyourmortgage.ca for mortgage services.

“Which reverse mortgage is right for me?” - MoneySense Two lenders in Canada offer reverse mortgages—and while their offerings are similar in many ways, there are key differences you should understand if you’re considering one. How much can you borrow? What rates do they charge? Can you pay back the loan at any time? Read on for answers.

Retirement Planning: What Canadians Need to Know 08/18/2022

Retirement Planning: What Canadians Need to Know

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Retirement Planning: What Canadians Need to Know Every Canadian wants to retire with enough financial security to live the life they want in retirement. Here's how to plan for retirement.

Timeline photos 08/17/2022

Announcing the new website

We are pleased to announce the launch of our new website. Visit us at https://www.reverseyourmortgage.ca today!

Discover the factors that continue to drive mortgage growth in Canada 08/11/2022

Recent and emerging trends in Canadas residential mortgage industry

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Discover the factors that continue to drive mortgage growth in Canada Be in the know! You’ll find the latest industry trends in our Spring 2022 Residential Mortgage Industry Report.

Don’t wait until it’s too late! Retirement planning starts now 08/04/2022

Don't wait until it's too late! Retirement planning starts now

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Don’t wait until it’s too late! Retirement planning starts now Planning for retirement is an exciting event; it is a time to make important decisions that will impact the rest of your life.

Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening 07/28/2022

Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening

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Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 2½%, with the Bank Rate at 2¾% and the deposit rate at 2½%.

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Kitchener, ON
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