*Educational Post*Considering a Reverse Mortgage? Here’s What You Need to Know
Back in June, Statistic Canada reported that Canadian's debt to disposable income had risen to 176.9% meaning that there is 1.77$ in credit market debt for every 1$ of household disposable income. One of the reasons for that is the growth in reverse mortgages !
Link to article: https://www.moneysense.ca/save/retirement/how-does-reverse-mortgage-work/