Reverse Mortgage Blog
Category: Reverse Mortgages for Canadians (12 posts)
Why are Reverse Mortgages still relevant today?
February 22, 2024 | Posted by: Owl Mortgage.ca
'Homeowners over the age of 55… should consider all factors when contemplating how to fund their retirement spending'
This article was provided by Equitable Bank.
A reverse mortgage is a time ...
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Reverse mortgage in action – a flexible financial tool to help retirees
February 8, 2024 | Posted by: Owl Mortgage.ca
A great retirement solution for Canadians…
This article was provided by Equitable Bank.
A reverse mortgage is a flexible financial tool that can give seniors access to more money at a lower c ...
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How to turn a second home dream into a reality
February 6, 2024 | Posted by: Owl Mortgage.ca
A short-term tool to unlock equity
This article was provided by Equitable Bank.
A reverse mortgage is often assumed to be a reactive option for a senior homeowner in financial need, but it’s n ...
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Outliving your retirement Funds - Tips and Tricks
February 1, 2024 | Posted by: Owl Mortgage.ca
The cost of living in Canada has risen by almost 18% since 2007, according to the Statistics Canada Consumer Price Index. Over that same period, many Canadian’s age 65+ income has remained the s ...
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Canadian Reverse Mortgages – Impact On Canadian Heirs
January 26, 2024 | Posted by: Owl Mortgage.ca
How do Reverse Mortgages Affect Canadian Heirs?For Canadian seniors, there is a great way to get the most out of the equity in their home. Home prices tend to rise and equity builds in the property. H ...
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When can a reverse mortgage make sense for a more affluent retiree?
January 22, 2024 | Posted by: Owl Mortgage.ca
It could be a better financial option than selling and renting or downsizing
This article was provided by Equitable Bank.
Reverse mortgages are an often misunderstood or overlooked financial tool. O ...
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The Plain Truth About Reverse Mortgages
January 14, 2024 | Posted by: Owl Mortgage.ca
Reverse Mortgages have been available in Canada for over 25 years, but there are still many myths and misconceptions about them, some are understandable and some are simply not accurate. If you are co ...
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Reverse Mortgage Facts You Need to Know
January 11, 2024 | Posted by: Owl Mortgage.ca
Reverse Mortgages have been available in Canada for almost 25 years now however there are still many myths about what it is exactly. Let us help you distinguish fact from fiction.What is a Reverse Mor ...
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Reverse Mortgages for Healthcare purposes
January 8, 2024 | Posted by: Owl Mortgage.ca
Healthcare costs for aging Canadians is a topic that many retirees have underestimated. In fact, in the 2014 Sun Life Canadian Health Index, 44% of Canadians didn’t expect to pay anything for me ...
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55 or older? Own Your Own Home? Put your home equity to work for you now
December 22, 2023 | Posted by: Owl Mortgage.ca
Like most Canadians over 55, your home is your largest asset and part of your retirement plan.
You could wait until then to enjoy the 'fruits of your equity,' or unlock the value in your home now wit ...
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The Changing Face of Retirement in Canada
December 14, 2023 | Posted by: Owl Mortgage.ca
A few decades ago, retirement meant a well-deserved farewell to the daily grind and a chance to spend more time with the grandkids. Nowadays retirees are using their golden years to follow passions, i ...
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Want to provide your family with an inheritance Now vs Later?
December 2, 2023 | Posted by: Owl Mortgage.ca
We often receive comments about how applying for a reverse mortgage will take away the inheritance from your kids and your family. This is a common misconception. Many of our customers choose to take ...
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