The most common type of reverse mortgage is the government-backed HECM Reverse mortgages don't require monthly payments The downside is that your equity decreases as your debt increases If you’re 62 ...

US stock markets finished mixed on Wednesday as investors digested a flurry of disappointing economic data, ongoing trade ...

MortgagePoint unveils the recipients of its inaugural MortgagePoint Lending Excellence Awards, honoring the standout ...

US President Donald Trump is planning to repeal the restrictions imposed by Joe Biden on oil drilling in Alaska's National ...

The market's most-prominent stock split of the year has a number of macroeconomic and company-specific tailwinds in its sails ...

Easing stringent mortgage stress testing rules could cause house prices and first-time buyer numbers to rise, according to research. More relaxed mortgage stress tests could see the number of ...

Saturday night, local nonprofit Empowering Athletes held their first-ever reverse raffle to raise money for the organization. Visitors had the chance to win a $5,000 cash prize and could ...

There were none. So in January 2023, he decided to create a precedent. He started with a hypothetical victory, reverse-engineering what the campaign to get there would have to do. Liberal Tim ...

The bank’s reverse mortgage and CMHC-insured apartment lending portfolios also posted standout growth. Decumulation lending rose 8% in the quarter and 45% from a year earlier to $2.5 billion, while ...

A generation ago, it would have been unthinkable for many Canadians to carry the mortgage on their home into retirement. But for many on the cusp of retirement now, that’s no longer the case.

If you're an older homeowner looking for an infusion of cash, a reverse mortgage could seem like a no-brainer. there is no minimum credit score requirement and — as long as you stay current with ...