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A reverse mortgage is a great tool for retirees but isn't utilized nearly enough.
Learn more so you can make the right decision for you 🏠

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This new type of reverse mortgage would help retirees generate much more income Reverse mortgages can be a powerful financial tool in retirement — especially as more Americans age in place. But the product’s design today isn’t meeting...

If you need to access cash but don't want a personal loan, home equity and reverse mortgages could be great options for you.

What's the difference between home equity and a reverse mortgage:
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Mortgage rates are already rising ahead of another hike by the Bank of Canada

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Posthaste: Mortgage rates are already rising ahead of another hike by the Bank of Canada 'Borrowers are undergoing a rate shock, that of which we’ve never witnessed before'

💡There's no question about it, home ownership comes with unforseen expenses. In addition to your mortgage payments, things pop up like repairs and property taxes.

But what exactly are property taxes and how much will they be? 🤔

https://bit.ly/3WcwPuS

Canadian Real Estate Markets Up To 76% Overvalued, Correction Through 2023

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Canadian Real Estate Markets Up To 76% Overvalued, Correction Through 2023: BMO - Better Dwelling Canadian real estate prices are plummeting, but have a long way to go before the froth dissipates. BMO warned investors over the long weekend that home prices deviated from the trend by up to 76% in Q1 2022. Home prices historically only add a small premium to real wage growth and interest rates. Ho...

Wondering how much you could be eligible to withdraw from your home equity? We've got you covered.
Check out the requirements and loan types that allow you to access more cash:

https://bit.ly/3Dtow5k

Fraction | Tapping into home equity? Here’s how to qualify for a larger loan Understanding lender requirements and loan types can help you access more cash to fund your next large purchase.

Mortgage rules when buying a second property in Canada: What you need to know

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Mortgage rules when buying a second property in Canada: What you need to know - MoneySense Interested in buying a second property? Familiarize yourself with the mortgage rules first to make sure it’s the right financial decision.

Could a line of credit impact my mortgage application?

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A line of credit may be derailing my mortgage application Line of credit payments are factored into mortgage affordability calculations. Here's what you need to know before filing your mortgage application.

When it comes to property taxes, there are two ways of paying: with your mortgage payments or as a lump sum that you pay directly to the government. But which is better?

https://bit.ly/3UqeD02

Should You Pay Property Taxes with Your Mortgage? Property taxes are based on a number of factors including your municipality’s budget, the assessed value of your property and its relative value compared to other properties in your area.

Think you're savvy when it comes to researching mortgage rates before you buy? According to a survey done by HSBC, Canadians aren't as likely as other folks around the world to compare! Check out what you need to know to get up to speed:

https://bit.ly/3dzcmyX

How to Get the Best Mortgage Rates in Canada - Comparewise If you’re reading this guide over how to get the best mortgage rates in Canada, then that’s probably very unlikely; hence, we can begin talking about the measures one can take to learn how to get the best mortgage rates in Canada.

What should you consider before refinancing? Check out all you need to know about refinancing your mortgage here:

https://bit.ly/3duxO8a

Fraction | Should you wait to refinance your mortgage? Big decisions like whether or not to refinance should be made with careful consideration, based on factors like your personal finance situation and risk tolerance.

Where is the best value in Canada for real estate?

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FP Answers: Where is the best value in Canada for real estate? Top three affordable regions in Canada where homes go for below $300,000

Here to stay: fund managers play the long game on inflation

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Here to stay: fund managers play the long game on inflation Many are on the hunt for assets that will protect their portfolios from years of decline in the value of money

When you're looking at buying a house in Canada, there are many factors to consider. Home ownership is a big step in your life and costs are going up every day. Here are some tips to get you closer to getting your first mortgage.

https://bit.ly/3BVoAv4

How to Buy a House in Canada - Comparewise You’ll find that when you find how to buy a house in Canada, the process requires patience, planning, and maintaining focus for the long-term benefits.

Greedflation is the latest nasty offspring of soaring prices

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Greedflation is inflation’s nasty offspring Rob Carrick looks at what is causing greedflationary pricing, and the potential future impact on companies

Is your mortgage up for renewal? How to lessen the coming sticker shock

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Is your mortgage up for renewal? How to lessen the coming sticker shock Soaring interest rates mean many homeowners are contending with significantly higher borrowing costs at when it’s time to renew their mortgages

Down payments can be a pain point for some first time homebuyers. Luckily there's tips out there to help you save up and get a low mortgage rate:

https://bit.ly/3cPIONb

How to Save for a Mortgage Down Payment - Comparewise One of the most difficult aspects of applying for a mortgage to buy the home of your dreams is coming up with the down payment. There are tons of ways to save

New supportive housing will help women leave violent situations

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New supportive housing will help women leave violent situations A new second stage housing facility that is under construction in Terrace is hoping to provide safe and affordable housing for women and children leaving violent situations. Ksan Society is the lead social service agency in Terrace, and works to provide affordable housing, counseling, and food secur...

With mortgage rates reaching new heights, how can you build wealth with homeownership off the table?

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With mortgage rates reaching new heights, how can you build wealth with homeownership off the table? While buying a home is seen as the greatest investment you can make, there are other ways to lock in long-term financial gains.

Your mortgage payment is likely the most expensive thing you have to pay every month.
Here are some tips for you to help make it more affordable:

https://bit.ly/3cQajGo

Fraction If inflation and higher interest rates are making it hard to afford your mortgage, there are ways to make these payments more manageable.

Kelowna city councilor doesn't want to see another golf course lost to industrial land uses

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Kelowna city councillor doesn't want to see another golf course lost to industrial land uses During Monday’s council meeting, one Kelowna city councillor pleaded with city staff not to allow another golf course to become designated for i.

Sask. housing market will avoid 'big swings' as national prices plummet: RBC

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Sask. housing market will avoid 'big swings' as national prices plummet: RBC A recent report by RBC has predicted housing prices to fall almost 23 per cent across the country. However, homebuyers in Saskatchewan won’t see such a dramatic drop.

Variable mortgage rates are on the rise, but should you switch to a fixed rate instead? James Laird, Ratehub.ca's Co-CEO, discusses what to consider before switching:

https://bit.ly/3Rjg1iV

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What to know when switching your variable mortgage to a fixed rate - BNN Bloomberg Variable mortgage rates are rising, which might have some homeowners wondering if they should convert to a fixed rate. But one expert it’s not a “foregone conclusion" that everyone should make the switch

Historic housing correction not likely to impact Barrie's market: BDAR

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Historic housing correction not likely to impact Barrie's market: BDAR The president of the Barrie and District Association of Realtors doesn’t believe there will be a massive correction locally on the housing market with supply relatively unchanged.

Critical shortage of affordable housing in Nipissing, group says

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Critical shortage of affordable housing in Nipissing, group says A non-profit group that helps the homeless and people at risk of homelessness is sounding the alarm over the lack of housing options in the District of Nipissing.

Fixed vs. variable: How not to lose this mortgage guessing game.

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Fixed vs. variable: How not to lose this mortgage guessing game. - Mortgage Rates & Mortgage Broker News in Canada As some second-guess the “variable-rate advantage,” we’ll hear more people asking things like, “Is it too late to lock in?”

Mortgage stress tests are important for determining exactly how much you can afford when you buy a home.
Read our blog below to learn more about mortgage stress tests.

https://bit.ly/3D4XmmL

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Mortgage Stress Test: Everything you need to know | Ratehub.ca Canada's mortgage stress test makes a big difference to how much you can borrow. Learn more about how to stress test your mortgage!

Esquimalt and Songhees nations buy historic waterfront land from BC Hydro

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Esquimalt and Songhees nations buy historic waterfront land from BC Hydro Members of the Esquimalt and Songhees First Nations are celebrating now that 4.5 hectares of prime real estate in Victoria is back in the hands of the Lekwungen people.

Developers respond to Fredericton’s significant demand for new housing

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Developers respond to Fredericton’s significant demand for new housing Development has soared to new record-high levels in the first half of 2022 Building permit numbers for the first half of 2022 indicates that development activity in Fredericton has soared to new recor

Canada's home price growth slows in June on rising interest rates

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Canada's home price growth slows in June on rising interest rates Year-over-year price gains are inching off recent record highs. Read more.