Both products are worth exploring for seniors this year. Here's how to determine which could be best for you now.

Currently, the average interest rate on a 30-year fixed mortgage is 6.1%, compared to 6.09% a week ago, according to the ...

Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly ...

Mortgage interest rates have been gradually declining, but will they continue to fall this month? Here's what to know.

The current mortgage rate on a 30-year fixed mortgage fell by 0.02 percentage points in the last week to 6.17%, according to ...

What is a reverse mortgage? A reverse mortgage is a home loan that allows people ages 62 and older to borrow against their ...

Longbridge Financial lowered its proprietary reverse mortgage rate to 7.99% and increased the principal limit factor, allowing borrowers to access up to 25% more in proceeds compared to a HECM. AI ...

As we grow older, our financial needs change. Perhaps you need a different strategy to cover your regular living expenses, or an unexpected expense crops up. If you’re a homeowner, your home’s equity ...

Explore current mortgage rates and what they mean for homebuyers ...

The new lender typically pays your switching costs and/or provides cash back of up to a half per cent of the mortgage amount ...

Thirty-year mortgage rates dropped to 6.325% this week, a negligible dip from 6.328% the previous week, according to U.S.

As Canada’s top independent brokerage working exclusively with reverse mortgages, we see firsthand how much confusion homeowners face when trying to compare products and rates across lenders.” — Mich ...