1/12/2021 | Posted in Mortgages and Real Estate by Paul Solomons
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The mortgage delinquency rate among Canadian seniors has reached its highest level in years, according to the Canada Mortgage and Housing Corporation.
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10/23/2020 | Posted in Canadian Housing Market by Paul Solomons
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Instead of downsizing, the majority of Canada's seniors are planning to live in their own homes for as long as possible
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9/16/2019 | Posted in Mortgage News by Paul Solomons
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Reverse mortgages are surging in Canada as more older people join the country’s debt bandwagon.
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9/20/2018 | Posted in Mortgages and Real Estate by Paul Solomons
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With new mortgage rules and higher interest rates putting the squeeze on Canadian homebuyers, some have found a new approach: Get the parents (or grandparents) to bankroll your ... More

8/8/2018 | Posted in Ontario Real Estate by Paul Solomons
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Parents re-entering the market after their children stayed home longer than normal, survey says.
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7/20/2018 | Posted in Home Buyers by Paul Solomons
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With detached family homes few and far between in Canada's major housing markets, these trends may leave new homebuyers in a lurch.
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7/18/2018 | Posted in Mortgages and Real Estate by Paul Solomons
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A reverse mortgage can be a solution for some cash-strapped retirees, but it comes at a steep cost.
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2/16/2018 | Posted in Real Estate Investments by Paul Solomons
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Canadian baby boomers’ investments in real estate outperform their other financial assets, a recent report from Mustel Group and Sotheby’s International Realty ... More

11/14/2017 | Posted in Mortgages and Real Estate by Paul Solomons
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With the expectation that first-time homebuyers will be shuttered out of the housing market, thereby reducing the number of people to whom seniors can sell their homes, reverse ... More

9/9/2015 | Posted in Real Estate Market by Paul Solomons
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Canadian seniors are getting a lot more comfortable with debt and a growing number are using it to finance their lifestyle, including home purchases, according to an exclusive ... More


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