Entries by Best Reverse Mortgages For Canadians

Pros and Cons of a Reverse Mortgage

Pros and Cons of a Reverse Mortgage Many homeowners are unaware of what a reverse mortgage is and often assume it may be detrimental to its real purpose, helping seniors enjoy their retirement! This false sense of negativity is often based on how reverse mortgage loans differ in Canada versus the United States from decades […]

How Do Reverse Mortgage Interest Rates Differ From Standard Mortgages?

It’s no secret that interest rates on reverse mortgages are higher than what you can expect to pay on conventional mortgages – and there’s valid reasoning behind this reality. The most significant cause for higher interest rates is that the loan requires no monthly mortgage payments, not even interest payments. This can definitely be a […]