More and more senior Canadians are using their home equity in a process known as ‘reverse mortgage’ to help boost their retirement income, pay for home repairs and upgrades, cover
Read MoreThe Pros and Cons of Reverse Mortgages for Canadian Seniors
With a second mortgage, you can leverage your home’s equity and access it to help pay for anything worthwhile but which you’re currently unable to pay for, such as a
For Canadian homeowners on their first mortgage, the term ‘mortgage refinancing’ might be a commonly heard one, and it refers to homeowners securing another loan to pay off their original
Read MoreAre There Risks Associated with Refinancing a Mortgage?