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Canadian Reverse Mortgage Debt Makes Largest Jump Since October

Canadian Boomers are back to tapping their home equity to make ends meet. Office of the Superintendent of Financial Institutions (OSFI) filings show reverse mortgage debt hit a new record high in March. The record balance is still slowing in growth, but made a monthly increase larger than last year. That’s impressive, considering how fast […]

The post Canadian Reverse Mortgage Debt Makes Largest Jump Since October appeared first on Better Dwelling.

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