Reverse mortgages have gained in popularity in the last few years. Reports suggest that reverse mortgage demand surged roughly 30 per cent in 2022 post-pandemic, with originations topping $1 billion for the second consecutive year. According to the Office of the Superintendent of Financial Institutions (OSFI), Canadians were carrying more than $8.2...
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The journey of buying a home is an exciting and pivotal moment in many people’s lives. It marks the beginning of a new chapter, a place to call your own and a space where memories are made. However, before you embark on this adventure, it’s essential to recognize the distinction between your home buying needs and wants. Needs are the fundamental el...