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Canadian Seniors Now Owe Over $3.88 Billion In Reverse Mortgage Debt

Canadian seniors are picking up the pace they extract equity from their homes. Office of the Superintendent of Financial Institutions (OSFI) filings show reverse mortgage debt reached an all-time high in September. The all-time high comes with a mild acceleration to an already very large growth rate. What Is A Reverse Mortgage? Reverse mortgages are […]

The post Canadian Seniors Now Owe Over $3.88 Billion In Reverse Mortgage Debt appeared first on Better Dwelling.

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