Reverse mortgages take off in Canada as more seniors look to 'age in place' - Financial Post

5/12/2022 12:00:00 AM2 years 11 months ago
by Stephanie Hughes
by Stephanie Hughes
More Canadian seniors have been tapping into their home equity for cash to fund retirement over the course of the pandemic. Learn more.
Regulators are keeping an eye on growth of the loans, and say there are risks Reverse mortgages typically function like home equity lines of credit and allow Canadians to put up the equity in their… [+5606 chars]
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