canadian seniors News and Articles | My Blog
Reverse mortgages are booming in Canada
9/16/2019 | Posted in Mortgage News by Paul DeAdder
Reverse mortgages are surging in Canada as more older people join the country’s debt bandwagon.
... MoreMortgages Soar For Canadians In Their 80s, 90s
9/20/2018 | Posted in Mortgages and Real Estate by Paul DeAdder
With new mortgage rules and higher interest rates putting the squeeze on Canadian homebuyers, some have found a new approach: Get the parents (or grandparents) to bankroll your ... More
Ontario baby boomers are planning to downsize or move out of big cities
8/8/2018 | Posted in Ontario Real Estate by Paul DeAdder
Parents re-entering the market after their children stayed home longer than normal, survey says.
... More9 in 10 seniors plan to stay in their homes while retired
7/20/2018 | Posted in Home Buyers by Paul DeAdder
With detached family homes few and far between in Canada's major housing markets, these trends may leave new homebuyers in a lurch.
... MoreReverse mortgage: Is this the solution if you retire cash-poor?
7/18/2018 | Posted in Mortgages and Real Estate by Paul DeAdder
A reverse mortgage can be a solution for some cash-strapped retirees, but it comes at a steep cost.
... MoreBaby boomers' strongest investments lie in residential real estate
2/16/2018 | Posted in Real Estate Investments by Paul DeAdder
Canadian baby boomers’ investments in real estate outperform their other financial assets, a recent report from Mustel Group and Sotheby’s International Realty ... More
OSFI rule changes may lead to spike in reverse mortgages
11/14/2017 | Posted in Mortgages and Real Estate by Paul DeAdder
With the expectation that first-time homebuyers will be shuttered out of the housing market, thereby reducing the number of people to whom seniors can sell their homes, reverse ... More
Canadian seniors racking up debt to fund bigger homes, glitzy lifestyles
9/9/2015 | Posted in Real Estate Market by Paul DeAdder
Canadian seniors are getting a lot more comfortable with debt and a growing number are using it to finance their lifestyle, including home purchases, according to an exclusive ... More
