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Canadians want to age in place and are turning to reverse mortgages to make that happen

Author: 
Steve Huebl
Publication date:
May 26, 2022
Article Summary: 

The article titled "Canadians Want to Age in Place and Are Turning to Reverse Mortgages to Make That Happen" discusses the growing trend among Canadians to utilize reverse mortgages as a means to enable aging in place. The article explains how reverse mortgages allow homeowners to access the equity in their homes without the need to sell or move. It highlights the desire of Canadians to maintain independence and stay in their homes as they age, and how reverse mortgages can provide financial flexibility to achieve this goal. The article also addresses considerations, benefits, and potential drawbacks associated with reverse mortgages. It concludes by emphasizing the importance of seeking professional advice and conducting thorough research before making any decisions related to reverse mortgages.

Keywords: 

Canadians, Age in place, Reverse mortgages, Trend, Homeowners, Equity, Independence, Financial flexibility, Aging, Benefits, Considerations, Professional advice, Research.




Source Citation: 
Steve Huebl
Canadians want to age in place and are turning to reverse mortgages to make that happen
May 26, 2022
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