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What are the Advantages of a Reverse Mortgage?

If you are a retiree who is looking to supplement your income, then perhaps you have thought about getting a reverse mortgage. Well meaning friends and family members may have warned you against this type of product because quite frankly, reverse mortgages have gotten a bad rap in the past. But better regulations have made […]

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Threats of Trade War Won’t Keep Interest Rates Down

Matrix Mortgage Global – Threats of Trade War Won’t Keep Interest Rates Down If you have spent any time shopping for a mortgage lately, you know that interest rates are on the rise. In fact, The Bank of Canada has raised interest rates four times within a twelve-month span and more hikes could be on […]

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Five Reasons You Should Get Preapproved for a Mortgage Before You Begin House Hunting

Matrix: Five Reasons You Should Get Preapproved for a Mortgage Before You Begin House Hunting   Are you in the market to get a new home? Congratulations! But before you start looking at real estate listings or picking out curtains, you’ll want to give your friendly neighborhood mortgage broker a call and get pre-approved for […]

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Reverse Mortgages are More Popular than Ever

Reverse Mortgages are More Popular than Ever   More Canadian seniors than ever before are turning to reverse mortgages to help them supplement their retirement income. The balance owing on reverse mortgages at the end of March of this year was $2.404 billion – that’s up 2.44% from the month prior and up 24.57% from […]

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Top 4 Ontario Property Investment Cities

Several forthcoming reports on the best cities for property investment in Ontario (SpendTree, Moneysense) suggest that looking outside the biggest housing markets will yield the most robust returns. Here’s our top 4 housing markets which are sure to surprise you. Thunder Bay. Yes, really.  In the last five years, real estate prices in this Northern Ontario city have appreciated […]

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