Wednesday, October 26, 2016

When Is A Reverse Mortgage Not Right For You


We look at the things to consider to know regarding when is reverse mortgage is not right for you. Get the step-by-step financial considerations you need.
http://www.reversemortgagepros.ca/reverse-mortgage-isnt-right/

Wednesday, October 19, 2016

Reverse Mortgage Rates And Penalties


An outline of the current reverse mortgage rates and examine the penalty costs, including how they compare to the other options out there.
http://www.reversemortgagepros.ca/reverse-mortgage-rates-penalties/

Thursday, October 13, 2016

Top 8 Misconceptions About Reverse Mortgages


You will no doubt come across many false statements and misunderstandings about reverse mortgages. We have gathered the top 8 for you in our latest article.
http://www.reversemortgagepros.ca/top-8-misconceptions-reverse-mortgages/

Wednesday, October 12, 2016

Canadian Reverse Mortgage Pros And Cons


Another article outlining the pros and cons of a reverse mortgage in Canada.
http://reversemortgagepros.blogspot.com/2016/10/reverse-mortgage-help.html

Canadian Reverse Mortgage Pros And Cons

Canadian Reverse Mortgage Pros And Cons


The purpose of this article is to offer you more details on the pros and cons of a reverse mortgage.  For a more full discussion of a reverse mortgage we suggest you download our free guide at http://www.reversemortgagepros.ca/reverse-mortgage-secrets.

'Reverse mortgage' is the term used for this type of mortgage product in only two other locations - in both Canada and the U.S.A. - so it is very important to be familiar with the differences between the two of these first off.

Canadian and American reverse mortgages are 100% different in many ways. In truth, a number of the negative impressions of the Canadian solution come from confusing them with the U.S. financial solution.

If you have heard anyone say bad things about a reverse mortgage then there is a very good chance that they are talking about the American product, not the Canadian one.

Having made it clear that this post is strictly talking about a Canadian reverse mortgage, let's get to talking about the benefits and drawbacks of this solution.

Keep in mind that if a subject you thought would come up isn't discussed in this article, then there is a great chance that you have this confused with the American version.

The Main Pros (Positive Benefits) Of A Reverse Mortgage In Canada

The following represent the pros - or positive benefits of a reverse mortgage in Canada:

  • You can use the money for whatever you feel like.  There are absolutely no restrictions on it's use.
  • You keep your home for life.  Period.  No ifs or buts.  No matter what someone says to you.  If you hear anyone saying otherwise then they are probably talking about an American reverse mortgage not a Canadian one.  In Canada, it is written into the legal contract that the lender can never assume ownership of your home.  Reverse mortgages were designed to help keep you in your home.
  • The funds are absolutely tax free. There no income tax, capital gains tax or any form of tax applied to the money.  Remember that technically this is still a loan/mortgage - so of course there is no way it can be taxable. 
  • You don't have to make any repayments, ever.  There are no payments - unless you willingly choose to do so.  This is the only mortgage product in Canada of this kind.  However, you can choose to voluntarily make payments each month - for example, many people choose to pay the interest each month.  What you are doing if you choose to pay the month-to-month interest as a voluntary payment is making your reverse mortgage into the exact same product as a Home Equity Credit Line - where you are paying interest monthly - except that this payment is now entirely voluntary.

Ok so that is the plus side covered.  What about the other side of the coin?

What Are The Cons (Negatives) Of A Canadian Reverse Mortgage

Before making any financial decision, it is important to weigh both sides.  So let's take a look at the drawbacks to a reverse mortgage:

  • Considering that a reverse mortgage is still a loan, interest rates are a great area to begin with - when discussing the downsides - as these are typically much greater than the options out there (such as a 'typical' home mortgage or Home Equity Line Of Credit).  Whilst interest rates are, however, lower than a loan or unsecured line of credit, it is worth noting that the risk-free advantages you can get (listed above) come at a somewhat higher price in the interest rate.  You should think about if this is a rate you are happy to absorb to gain access to these benefits.
  • Another additional thing to think about is that moving out of your home is harder.  Remember how we mentioned above that a reverse mortgage was designed to help keep you in your home?  Well, this is something that you need to think about as maybe - further down the line - this is not something that you'd want.  So, at this point, you'd now have to settle the mortgage and go through a legal process to leave.  Nevertheless, it needs to be noted that this also applies to a regular home mortgage, reverse mortgage or Home Equity Credit Line - all of these options make it more difficult to leave your home.
  • Your home equity might decrease.  We use the word might, because in most cases home price growth (appreciation) is more than enough to offset any equity decrease.  In fact, 99% of Canadian homes see equity remaining when the reverse mortgage is discharged.  Not only this, but many people in Canada just now - who have reverse mortgages on their home - are seeing their home equity increase because the growth in their house price more than offset the interest.

So those are the main down-sides to a reverse mortgage.  Now what?  Well...

Deciding If A Reverse Mortgage Is Right For You And Your Family

The fact you are reading this means you are probably trying to decide if a reverse mortgage is right for you and your family.

I would suggest you gather as much information as possible, seek professional advice and check out the guide linked to at the top of this article.

These are a fantastic product for someone who is 'house rich but cash poor'.  The best way to think about them is that your home is an investment you made in during your life and you are now going to reap the benefits in your retirement (in this way it is the same as any pension investment).

Assuming that you need the cash and that your home is a large untapped asset, the real decision is:

Are the higher interest rates on a reverse mortgage (at least compared to 'normal' mortgages or a Home Equity Line Of Credit) worth absorbing to get all the benefits of the product (keep your home for life, can't lose your home, don't have to qualify it and no repayments required)?

No single article is going to make this choice for you.  In the end you need to weigh the pros and cons listed here to decide if a reverse is a good option for you - the guide linked to right at the start should also help.

Monday, October 10, 2016

Thursday, October 6, 2016

Monday, October 3, 2016

Canadian mayors to tackle affordable housing ‘crisis’ at summit in Toronto | CTV Toronto News


Mayor John Tory will host mayors from across Canada later this week as part of a housing summit where municipal leaders will discuss “the affordable and social housing crisis facing Canadian cities.”
http://toronto.ctvnews.ca/canadian-mayors-to-tackle-affordable-housing-crisis-at-summit-in-toronto-1.3089350

Friday, September 30, 2016

Thursday, September 29, 2016

Proposed changes to the Canada Pension Plan – what you need to know | Investors Group


On June 20, 2016, Canada’s Minister of Finance Bill Morneau and seven provincial counterparts signed an agreement in principle (Manitoba joined the other provinces in signing on July 7) to amend the Canada Pension Plan (CPP), which would take effect January 1, 2019.
http://www.investorsgroup.com/en/proposed_changes_to_the_Canada_Pension_Plan

Wednesday, September 28, 2016

Reverse Mortgages In Canada vs The U.S.A.


We examine the difference between reverse mortgages in Canada vs the U.S.A. and why this has led to a bad impression of the Canadian version.
http://www.reversemortgagepros.ca/reverse-mortgages-canada-vs-usa/

Monday, September 26, 2016

Friday, September 23, 2016

Canada and China deepening economic ties by embarking on possible free trade deal - Financial Post


Financial PostCanada and China deepening economic ties by embarking on possible free trade dealFinancial PostIn the financial sector, Canada Pension Plan Investment Board and the National Development and Reform Commission of the People s Republic of China signed an agreement to collaborate on addressing the challenges of China s aging population,
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNH2O-fxtBJx_tvR0Gizdq4qattn_w&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779216958478&ei=dizlV-joM4-Q3AGnl6-oCA&url=http://business.financialpost.com/news/economy/justin-trudeau-confirms-canada-china-exploring-free-trade-deal

Canada and China deepening economic ties by embarking on possible free trade deal - Financial Post


Financial PostCanada and China deepening economic ties by embarking on possible free trade dealFinancial PostIn the financial sector, Canada Pension Plan Investment Board and the National Development and Reform Commission of the People s Republic of China signed an agreement to collaborate on addressing the challenges of China s aging population,
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNH2O-fxtBJx_tvR0Gizdq4qattn_w&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779216958478&ei=xh7lV5CJF8rJ3gHbtLm4Aw&url=http://business.financialpost.com/news/economy/justin-trudeau-confirms-canada-china-exploring-free-trade-deal

Canada and China deepening economic ties by embarking on possible free trade deal - Financial Post


Financial PostCanada and China deepening economic ties by embarking on possible free trade dealFinancial PostIn the financial sector, Canada Pension Plan Investment Board and the National Development and Reform Commission of the People s Republic of China signed an agreement to collaborate on addressing the challenges of China s aging population,
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNH2O-fxtBJx_tvR0Gizdq4qattn_w&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779216958478&ei=ihDlV_jFL5LO3AGmgIeAAg&url=http://business.financialpost.com/news/economy/justin-trudeau-confirms-canada-china-exploring-free-trade-deal

Canada and China deepening economic ties by embarking on possible free trade deal - Financial Post


Financial PostCanada and China deepening economic ties by embarking on possible free trade dealFinancial PostIn the financial sector, Canada Pension Plan Investment Board and the National Development and Reform Commission of the People s Republic of China signed an agreement to collaborate on addressing the challenges of China s aging population,
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNH2O-fxtBJx_tvR0Gizdq4qattn_w&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779216958478&ei=GgLlV6D0N4SH3AHkooyICg&url=http://business.financialpost.com/news/economy/justin-trudeau-confirms-canada-china-exploring-free-trade-deal

Canada and China deepening economic ties by embarking on possible free trade deal - Financial Post


Financial PostCanada and China deepening economic ties by embarking on possible free trade dealFinancial PostIn the financial sector, Canada Pension Plan Investment Board and the National Development and Reform Commission of the People s Republic of China signed an agreement to collaborate on addressing the challenges of China s aging population,
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNH2O-fxtBJx_tvR0Gizdq4qattn_w&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779216958478&ei=SPTkV9j9EozM3gG6v4iwBA&url=http://business.financialpost.com/news/economy/justin-trudeau-confirms-canada-china-exploring-free-trade-deal

Canada and China deepening economic ties by embarking on possible free trade deal - Financial Post


Financial PostCanada and China deepening economic ties by embarking on possible free trade dealFinancial PostIn the financial sector, Canada Pension Plan Investment Board and the National Development and Reform Commission of the People s Republic of China signed an agreement to collaborate on addressing the challenges of China s aging population,
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNH2O-fxtBJx_tvR0Gizdq4qattn_w&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779216958478&ei=FubkV7iUAYnfpweVn7TgAw&url=http://business.financialpost.com/news/economy/justin-trudeau-confirms-canada-china-exploring-free-trade-deal

Canada and China deepening economic ties by embarking on possible free trade deal - Financial Post


Financial PostCanada and China deepening economic ties by embarking on possible free trade dealFinancial PostIn the financial sector, Canada Pension Plan Investment Board and the National Development and Reform Commission of the People s Republic of China signed an agreement to collaborate on addressing the challenges of China s aging population,
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNH2O-fxtBJx_tvR0Gizdq4qattn_w&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779216958478&ei=SNjkV5jlL4Kxpwft1aRQ&url=http://business.financialpost.com/news/economy/justin-trudeau-confirms-canada-china-exploring-free-trade-deal

Thursday, September 22, 2016

Canada and China deepening economic ties by embarking on possible free trade deal - Financial Post


Financial PostCanada and China deepening economic ties by embarking on possible free trade dealFinancial PostIn the financial sector, Canada Pension Plan Investment Board and the National Development and Reform Commission of the People s Republic of China signed an agreement to collaborate on addressing the challenges of China s aging population,
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNH2O-fxtBJx_tvR0Gizdq4qattn_w&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779216958478&ei=FMrkV7C0E5LG3QHsjKTIDQ&url=http://business.financialpost.com/news/economy/justin-trudeau-confirms-canada-china-exploring-free-trade-deal

Canada and China deepening economic ties by embarking on possible free trade deal - Financial Post


Financial PostCanada and China deepening economic ties by embarking on possible free trade dealFinancial PostIn the financial sector, Canada Pension Plan Investment Board and the National Development and Reform Commission of the People s Republic of China signed an agreement to collaborate on addressing the challenges of China s aging population,
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNH2O-fxtBJx_tvR0Gizdq4qattn_w&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779216958478&ei=x7vkV5DELZPJ3gGStZXAAQ&url=http://business.financialpost.com/news/economy/justin-trudeau-confirms-canada-china-exploring-free-trade-deal

Canada and China deepening economic ties by embarking on possible free trade deal - Financial Post


Financial PostCanada and China deepening economic ties by embarking on possible free trade dealFinancial PostIn the financial sector, Canada Pension Plan Investment Board and the National Development and Reform Commission of the People s Republic of China signed an agreement to collaborate on addressing the challenges of China s aging population,
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNH2O-fxtBJx_tvR0Gizdq4qattn_w&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779216958478&ei=Aa7kV5DlIoLRpwfC0ZKgBQ&url=http://business.financialpost.com/news/economy/justin-trudeau-confirms-canada-china-exploring-free-trade-deal

Canada and China deepening economic ties by embarking on possible free trade deal - Financial Post


Financial PostCanada and China deepening economic ties by embarking on possible free trade dealFinancial PostIn the financial sector, Canada Pension Plan Investment Board and the National Development and Reform Commission of the People s Republic of China signed an agreement to collaborate on addressing the challenges of China s aging population,
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNH2O-fxtBJx_tvR0Gizdq4qattn_w&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779216958478&ei=0p_kV9DoDNHN3gGkoJL4BA&url=http://business.financialpost.com/news/economy/justin-trudeau-confirms-canada-china-exploring-free-trade-deal

Canada and China deepening economic ties by embarking on possible free trade deal - Financial Post


Financial PostCanada and China deepening economic ties by embarking on possible free trade dealFinancial PostIn the financial sector, Canada Pension Plan Investment Board and the National Development and Reform Commission of the People s Republic of China signed an agreement to collaborate on addressing the challenges of China s aging population,
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNH2O-fxtBJx_tvR0Gizdq4qattn_w&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779216958478&ei=55HkV7j4M4WP3AH1rJ1o&url=http://business.financialpost.com/news/economy/justin-trudeau-confirms-canada-china-exploring-free-trade-deal

Canada and China deepening economic ties by embarking on possible free trade deal - Financial Post


Financial PostCanada and China deepening economic ties by embarking on possible free trade dealFinancial PostIn the financial sector, Canada Pension Plan Investment Board and the National Development and Reform Commission of the People s Republic of China signed an agreement to collaborate on addressing the challenges of China s aging population,
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNH2O-fxtBJx_tvR0Gizdq4qattn_w&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779216958478&ei=soPkV9izAY3O3gHTzZDgDw&url=http://business.financialpost.com/news/economy/justin-trudeau-confirms-canada-china-exploring-free-trade-deal

Canada and China deepening economic ties by embarking on possible free trade deal - Financial Post


Financial PostCanada and China deepening economic ties by embarking on possible free trade dealFinancial PostIn the financial sector, Canada Pension Plan Investment Board and the National Development and Reform Commission of the People s Republic of China signed an agreement to collaborate on addressing the challenges of China s aging population,
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNH2O-fxtBJx_tvR0Gizdq4qattn_w&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779216958478&ei=7XXkV9j8PNbE3gHa27i4Bg&url=http://business.financialpost.com/news/economy/justin-trudeau-confirms-canada-china-exploring-free-trade-deal

William Watson: Introducing the Liberals' all-new middle-class ... - Financial Post


Financial PostWilliam Watson: Introducing the Liberals all-new middle-class ...Financial PostThe federal Liberals are reforming CPP because Canada s middle class is apparently too dim to look after its own retirement needs.Letters of the week - Sept. 22 - Alberni Valley NewsAlberni Valley Newsall 3 news articles
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNE7D1og4kyMW652ck2HMNR7HNFCNA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779218765910&ei=7XXkV9j8PNbE3gHa27i4Bg&url=http://business.financialpost.com/fp-comment/william-watson-introducing-the-liberals-all-new-middle-class-moron-tax

William Watson: Introducing the Liberals' all-new middle-class ... - Financial Post


Financial PostWilliam Watson: Introducing the Liberals all-new middle-class ...Financial PostThe federal Liberals are reforming CPP because Canada s middle class is apparently too dim to look after its own retirement needs.Letters of the week - Sept. 22 - Alberni Valley NewsAlberni Valley Newsall 3 news articles
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNE7D1og4kyMW652ck2HMNR7HNFCNA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779218765910&ei=zmfkV5D0HcK23QGUpbqYCA&url=http://business.financialpost.com/fp-comment/william-watson-introducing-the-liberals-all-new-middle-class-moron-tax

William Watson: Introducing the Liberals' all-new middle-class moron tax - Financial Post


Financial PostWilliam Watson: Introducing the Liberals all-new middle-class moron taxFinancial PostMy favourite line from the backgrounder the federal department of finance just put out to coincide with parliamentary hearings on the Canada Pension Plan reforms it agreed to in June is the following: “With the automatic collection of contributions for ...and more
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNE7D1og4kyMW652ck2HMNR7HNFCNA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779218765910&ei=WFnkV_jJBIbh3gGep67oBg&url=http://business.financialpost.com/fp-comment/william-watson-introducing-the-liberals-all-new-middle-class-moron-tax

William Watson: Introducing the Liberals' all-new middle-class moron tax - Financial Post


Financial PostWilliam Watson: Introducing the Liberals all-new middle-class moron taxFinancial PostMy favourite line from the backgrounder the federal department of finance just put out to coincide with parliamentary hearings on the Canada Pension Plan reforms it agreed to in June is the following: “With the automatic collection of contributions for ...Letters of the week - Sept. 22Alberni Valley Newsall 2 news articles
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNE7D1og4kyMW652ck2HMNR7HNFCNA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779218765910&ei=hD3kV7DqAYvL3gHMmb3QBw&url=http://business.financialpost.com/fp-comment/william-watson-introducing-the-liberals-all-new-middle-class-moron-tax

William Watson: Introducing the Liberals' all-new middle-class moron tax - Financial Post


Financial PostWilliam Watson: Introducing the Liberals all-new middle-class moron taxFinancial PostMy favourite line from the backgrounder the federal department of finance just put out to coincide with parliamentary hearings on the Canada Pension Plan reforms it agreed to in June is the following: “With the automatic collection of contributions for ...Letters of the week - Sept. 22Alberni Valley Newsall 2 news articles
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNE7D1og4kyMW652ck2HMNR7HNFCNA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779218765910&ei=RS_kV8jQB8Wa3gG9vbHIAg&url=http://business.financialpost.com/fp-comment/william-watson-introducing-the-liberals-all-new-middle-class-moron-tax

William Watson: Introducing the Liberals' all-new middle-class moron tax - Financial Post


Financial PostWilliam Watson: Introducing the Liberals all-new middle-class moron taxFinancial PostAdrian Wyld/The Canadian PressFinance Minister Bill Morneau answers a question during Question Period in the House of Commons in Ottawa on Wednesday. Morneau on Monday unveiled reforms to the Canada Pension Plan which include an increase in
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNE7D1og4kyMW652ck2HMNR7HNFCNA&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=0CHkV4qUMI_Q3QGbh7ioCA&url=http://business.financialpost.com/fp-comment/william-watson-introducing-the-liberals-all-new-middle-class-moron-tax

William Watson: Introducing the Liberals' all-new middle-class moron tax - Financial Post


Financial PostWilliam Watson: Introducing the Liberals all-new middle-class moron taxFinancial PostAdrian Wyld/The Canadian PressFinance Minister Bill Morneau answers a question during Question Period in the House of Commons in Ottawa on Wednesday. Morneau on Monday unveiled reforms to the Canada Pension Plan which include an increase in
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNE7D1og4kyMW652ck2HMNR7HNFCNA&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=XRPkV5jxK5PJ3gGRxpWgCg&url=http://business.financialpost.com/fp-comment/william-watson-introducing-the-liberals-all-new-middle-class-moron-tax

Canada Pension Plan Investment Board Signs Memorandum of Understanding with National Development and Reform ... - Marketwired (press release)


The Globe and MailCanada Pension Plan Investment Board Signs Memorandum of Understanding with National Development and Reform ...Marketwired (press release)TORONTO, ONTARIO--(Marketwired - Sept. 22, 2016) - Canada Pension Plan Investment Board (CPPIB) announced today that it has signed a Memorandum of Understanding (MOU) with the National Development and Reform Commission (NDRC) of the
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNHq4BoQ-_XFFSv4svTu0j3r3onCow&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779218785236&ei=XRPkV5jxK5PJ3gGRxpWgCg&url=http://www.marketwired.com/press-release/canada-pension-plan-investment-board-signs-memorandum-understanding-with-national-development-2160796.htm

Canada Pension Plan Investment Board Signs Memorandum of Understanding with National Development and Reform ... - Marketwired (press release)


The Globe and MailCanada Pension Plan Investment Board Signs Memorandum of Understanding with National Development and Reform ...Marketwired (press release)TORONTO, ONTARIO--(Marketwired - Sept. 22, 2016) - Canada Pension Plan Investment Board (CPPIB) announced today that it has signed a Memorandum of Understanding (MOU) with the National Development and Reform Commission (NDRC) of the
http://news.google.com/news/url?sa=t&fd=R&ct2=ca&usg=AFQjCNHq4BoQ-_XFFSv4svTu0j3r3onCow&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779218785236&ei=agXkV6iKFInfpweu9bj4Cw&url=http://www.marketwired.com/press-release/canada-pension-plan-investment-board-signs-memorandum-understanding-with-national-development-2160796.htm

Wednesday, September 21, 2016

Thursday, September 15, 2016

Interesting New Reverse Mortgage Ad With Tom Selleck


Reverse mortgages in the U.S.A. have a much worse reputation than in Canada (deservedly so). The industry is trying to change their perception there and there latest effort was to bring in Tom Selleck for a new ad - check it out!
http://www.adweek.com/news/advertising-branding/can-tom-selleck-convince-seniors-reverse-mortgages-arent-too-good-be-true-173266

Tuesday, July 26, 2016

BC Passes Tax On Foreign Buyers


The big news out of BC this week has been that a new 15% foreign buyer real estate tax is going to be introduced. Will other Canadian provinces copy them? What will this do to house prices? Our chief economist looks into this move in detail...
https://dominionlending.ca/news/blog-posts/restrictions-foreign-ownership-real-estate/

Reverse Mortgage, Finance And Other Senior News For Last Week


We have an update on the forecast for the Canada economy in the next 12 months, as well as some retirement stories in this week's reverse mortgage news.
http://www.reversemortgagepros.ca/reverse-mortgage-news-23-07-2016/

Weekly Toronto Mortgage, Finance And Other News - W/E 23rd July


How much of a new construction needs to be complete before developers in Toronto actually start building it? Find out in this week's Toronto mortgage news!
http://www.gtamortgagepros.com/toronto-mortgage-news-23-07-2016/

Sunday, July 24, 2016

Canada Pension Plan Investment Board Buys 320400 Shares of Chevron Corp. (CVX) - BBNS


Canada Pension Plan Investment Board Buys 320400 Shares of Chevron Corp. (CVX)BBNSChevron Corp. logo Canada Pension Plan Investment Board increased its position in shares of Chevron Corp. (NYSE:CVX) by 114.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).and more
http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNG4OyBfxSWWKcJg2Wcba8tj74D1cw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779165074274&ei=RQiVV-jWOdGe3wGHso6IDQ&url=http://baseballnewssource.com/markets/canada-pension-plan-investment-board-buys-320400-shares-of-chevron-corp-cvx/44882/

Saturday, July 23, 2016

RioCan Real Estate Investment Trust to acquire Canada Pension Plan Investment Board's (“CPPIB”) interest in four ... - EPR Retail News (press release)


RioCan Real Estate Investment Trust to acquire Canada Pension Plan Investment Board s (“CPPIB”) interest in four ...EPR Retail News (press release)UN) today announced that it has entered into a firm agreement with Canada Pension Plan Investment Board s (“CPPIB”) to acquire their interest in four properties that are currently co-owned, which is anticipated to close before the end of July 2016 ...and more
http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNHQQYgQ5ZusQkkC3lVhVBXkbenCkw&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779163543780&ei=vTiTV5DCBJDF3QGoqLmoCg&url=http://eprretailnews.com/2016/07/23/riocan-real-estate-investment-trust-to-acquire-canada-pension-plan-investment-boards-cppib-interest-in-four-properties-348745630/

Wednesday, July 20, 2016

Brexit Impacting Reverse Mortgages In Canada?


The impact of Brexit is even being felt in the reverse mortgage market in Canada (for Canadians over 55). Find out why, as well as how reverse mortgages are helping out those impacted by Brexit.
http://www.reversemortgagepros.ca/brexit-reverse-mortgages-canada/

Tuesday, July 19, 2016

Reverse Mortgage, Finance And Other Senior News - 17-07-2016


Canadian pensions headline with weeks reverse mortgage and other news - with reports of Canadians not saving enough and we take a look at the newly passed Ontario Pension Act to see what it means for seniors in Ontario.
http://www.reversemortgagepros.ca/reverse-mortgage-finance-senior-news-17-07-2016/

Sunday, July 17, 2016

About Us

We help Canadians with their reverse mortgage decision - offering independent and objective advice.
Start by downloading your free reverse mortgage guide at http://www.reversemortgagepros.ca/reverse-mortgages