1/30/2021 | Posted in Home Owners by Forest Hill Real Estate Signature
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Reverse mortgages have recently increased in popularity as nearly one-third of Canadians are approaching retirement with little or no savings.

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Real Estate & Mortgage News

  1/12/2021 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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The mortgage delinquency rate among Canadian seniors has reached its highest level in years, according to the Canada Mortgage and Housing Corporation.

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Real Estate & Mortgage News

  10/23/2020 | Posted in Canadian Housing Market by Forest Hill Real Estate Signature
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Instead of downsizing, the majority of Canada's seniors are planning to live in their own homes for as long as possible

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Real Estate & Mortgage News

  9/16/2019 | Posted in Mortgage News by Forest Hill Real Estate Signature
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Reverse mortgages are surging in Canada as more older people join the country’s debt bandwagon.

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Real Estate & Mortgage News

  9/20/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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With new mortgage rules and higher interest rates putting the squeeze on Canadian homebuyers, some have found a new approach: Get the parents (or grandparents) to bankroll your ... More

Real Estate & Mortgage News

  8/8/2018 | Posted in Ontario Real Estate by Forest Hill Real Estate Signature
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Parents re-entering the market after their children stayed home longer than normal, survey says.

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Real Estate & Mortgage News

  7/20/2018 | Posted in Home Buyers by Forest Hill Real Estate Signature
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With detached family homes few and far between in Canada's major housing markets, these trends may leave new homebuyers in a lurch.

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Real Estate & Mortgage News

  7/18/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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A reverse mortgage can be a solution for some cash-strapped retirees, but it comes at a steep cost.

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Real Estate & Mortgage News

  2/16/2018 | Posted in Real Estate Investments by Forest Hill Real Estate Signature
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Canadian baby boomers’ investments in real estate outperform their other financial assets, a recent report from Mustel Group and Sotheby’s International Realty ... More

Real Estate & Mortgage News

  11/14/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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With the expectation that first-time homebuyers will be shuttered out of the housing market, thereby reducing the number of people to whom seniors can sell their homes, reverse ... More

Real Estate & Mortgage News

  9/9/2015 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Canadian seniors are getting a lot more comfortable with debt and a growing number are using it to finance their lifestyle, including home purchases, according to an exclusive ... More

Real Estate & Mortgage News