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Canadian Reverse Mortgage Debt Has Almost Tripled In 5 Years

House rich, cash poor Boomers across Canada are sending reverse mortgage debt soaring. Office of the Superintendent of Financial Institutions (OSFI) filings show the balance of reverse mortgage debt made a slight decline in January. The monthly decline didn’t slow the annual pace of growth all that much. Outstanding reverse mortgage credit is growing at […]

The post Canadian Reverse Mortgage Debt Has Almost Tripled In 5 Years appeared first on Better Dwelling.

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