by REM Editorial Team | Aug 17, 2023 | News
In a landscape marked by recent interest rate hikes, Canadian homeowners are grappling with unforeseen and substantial increases in their monthly mortgage payments, leading to a widespread sense of mortgage malaise, according to a recent survey conducted by The Real...
by Emma Caplan-Fisher | Jul 21, 2023 | Advice for Agents, News
If you’ve never worked with a vendor take-back (VTB) mortgage — much less heard of them — now might be a great time to acquaint yourself. And if it’s been a while, consider brushing up. A finance option popular during the 1980s and 1990s for getting buyers...
by Gord Lemon | Dec 2, 2022 | Advice for Agents, Featured
The latest statistics show fewer people than ever are failing to plan adequately for retirement. With more people being part of the ‘gig’ economy, planning for a comfortable retirement is more heavily weighted on the individual than ever before. Creating...
by Martin Rumack | Aug 4, 2021 | Advice for Agents
Even for those who have a full understanding of what a mortgage is, the term “reverse mortgage” may be unfamiliar to many Canadians. This article intends to provide the high-level basics. What is it? Like regular mortgages, a reverse mortgage is simply a loan secured...
by REM Editorial Team | Oct 16, 2019 | Featured, News
A new RBC survey says home equity is playing a more prominent role in Canadian’s retirement plans. More than half (55 per cent) of non-retired Canadians age 50+ said they expect to leverage the equity in their home as a source of retirement income (up from 49 per cent...
