Avanti Team

Canadian reverse mortgage debt reaches nearly $4 billion

1/28/2020 | Posted in Financial Health by Mario, Mimma & Peter Volpentesta
SHARE

Despite a decelerating pace of borrowing, Canadian seniors still pushed the nation’s reverse mortgage debt balance towards yet another ... More

Canadian Debt, Household Debt, Mortgage Consumers, Mortgages & Real Estate, NonMortgage Debt, OSFI, Reverse Mortgages

Reverse mortgages are booming in Canada

9/16/2019 | Posted in Mortgage News by Mario, Mimma & Peter Volpentesta
SHARE

Reverse mortgages are surging in Canada as more older people join the country’s debt bandwagon. ... More

Canadian Mortgage Market, Canadian Seniors, Reverse Mortgages

Mortgage market suffers 'extended chill' says Equifax

6/17/2019 | Posted in Mortgages and Real Estate by Mario, Mimma & Peter Volpentesta
SHARE

The Canadian mortgage market continues to suffer from the impact of lower home sales in major markets as the stress tests weaken homebuyers’ abilities. ... More

Fixed Rate Mortgages, Home Buyers, Mortgage Consumers, Mortgage Delinquency, Mortgage Industry, Mortgage Market, Mortgage Rates Canada, Mortgage Refinancing, Mortgage Renewals, Mortgage Trends, Mortgages & Real Estate, NonMortgage Debt, Reverse Mortgages, Second Mortgages, Stress Test, Uninsured Mortgages, Variable Rate Mortgages

Reverse mortgage: Is this the solution if you retire cash-poor?

7/18/2018 | Posted in Mortgages and Real Estate by Mario, Mimma & Peter Volpentesta
SHARE

A reverse mortgage can be a solution for some cash-strapped retirees, but it comes at a steep cost. ... More

Canadian Seniors, Home Owners, Retirement, Reverse Mortgages

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and we'll get back to you promptly.

Security Question: 11 + 10 =