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Canadian Seniors Racked Up $408 Million More In Reverse Mortgage Debt This Year

Canadian seniors are still withdrawing home equity at a brisk pace over the past few months. Office of the Superintendent of Financial Institutions (OSFI) filings show reverse mortgage debt hit a new record in October. Growth of reverse mortgage debt picked up from previous months as well. However, it’s still growing at a slower than […]

The post Canadian Seniors Racked Up $408 Million More In Reverse Mortgage Debt This Year appeared first on Better Dwelling.

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