Having a well-thought-through retirement plan is a sure way to avoid outliving your savings. Canadians are living longer than ever. However, the current market volatility caused by the COVID pandemic has made your plan unrealistic. The COVID-19 crisis leaves many Canadians with a retirement plan based on old assumptions. Perhaps …
CHIP Reverse Mortgage: A Solution for Seniors
The CHIP Reverse Mortgage is the best solution for older Canadians to remain in their homes. Canada’s record-setting housing market is currently one of the hottest topics of conversation. It is making many Canadians feel the heat to sell. In fact, according to new data from the latest Ipsos-commissioned study, …
Alternative Mortgage Exit Strategy
Is your alternative mortgage costing you? Do you need a clear and simple exit strategy? This article gives you a great option. It’s clear that it has become increasingly difficult to get approved for a mortgage in Canada. This is due in part to the impact that COVID-19 has had …