Both tea and coffee have caffeine, but the actual amount can vary widely. A recent study found that tea and coffee offered similar effects on alertness and cognitive performance, but that tea had one big advantage over coffee: It had enough caffeine to aid performance, but not so much that it disrupted sleep. STRESS LEVELS […]

Did you know….that according to scientists, regularly drinking tea or coffee can provide a variety of health benefits? And while this has nothing to do with mortgages, a little bit fun can be, you know, fun 😉 So, how do tea and coffee compare from a health benefit perspective? Here’s what the research says: A […]

Thanksgiving or Thanksgiving Day, is an annual Canadian holiday and harvest festival, held on the second Monday in October, which celebrates the harvest and other blessings of the past year. Thanksgiving Day, is also an annual national holiday in the United States, celebrating the harvest and blessings of the past year. Americans generally believe that […]

In many cases a conventional mortgage or a home equity line of credit (HELOC) is out of reach for retired Canadians, as your income may not be enough to qualify. But with a reverse mortgage that does not apply, because there are no monthly mortgage payments as long as you live in your home. The loan amount and accrued interest is due only when you move or sell your home. Another helpful point to remember is that you can never owe more than your home’s market value, which makes a reverse mortgage quite attractive, especially to those with cash-flow issues. Ahh, sit back and relax, enjoy the financial freedom of zero monthly mortgage payments! 🙂

Another reason a reverse mortgage might be a good fit for you...we're living longer! At age 65, the average Canadian can expect to live for another 20 years! So put away those comfy old slippers and that fuzzy housecoat, we've got a ways to go yet! lol You're never too old to have fun! Call me. Let's talk reverse mortgages 😉

Here are ONLY a few of the benefits a reverse mortgage can offer you: You can stay in the home you love You will still maintain ownership It can improve your cash flow It can help relieve your financial stress In fact, you can use the money however you need to Contact me to learn more about the other benefits. I promise I won't bite! lol 😉

Back in July 2022 we posted information on a Government survey on Reverse Mortgages. They have developed a new poster and website that you can be directed to, to verify the legitimacy of the project and learn more. Now's your chance to ask any or all of your questions from the Government. You know you want to! 😉 Here is the link to the Government website: https://www.canada.ca/en/employment-social-development/corporate/reports/research/studies/reverse-mortgage.html

A reverse mortgage is a loan secured against the value of your home. However, unlike a traditional Home Equity Line of Credit (HELOC) or a second mortgage, you are not required to make monthly mortgage payments for as long as you live in your home. AND, you maintain ownership and control over your home.  Want to learn more? Call me, let's talk reverse mortgages! 🙂

The labour day holiday was first celebrated in 1894 and falls on the same day as labor day in America. The day is a celebration of workers rights in Canada and is a reminder to everyone of the progress that has been made over the last 150 years. Happy Labour Day Weekend!

Did you know…. A reverse mortgages can be used to buy another home? You can use a reverse mortgage to purchase real estate when other investments are not liquid. You can use it to make investment decisions AND it’s 100% tax-free. In fact, investment-minded seniors have been using reverse mortgages to supplement their lifestyles for […]