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Canadian Seniors Rack Up Almost $3.5 Billion In Reverse Mortgage Debt

Canadian homeowners are still turning to reverse mortgages in their golden years. Office of the Superintendent of Financial Institutions (OSFI) filings show the balance of reverse mortgage debt hit a new record high in February. Annual growth for reverse mortgage debt is slowing, but still on track to double every 3 years. What’s A Reverse […]

The post Canadian Seniors Rack Up Almost $3.5 Billion In Reverse Mortgage Debt appeared first on Better Dwelling.

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