How much do you really know about reverse mortgages? Maybe you know that reverse mortgages can help Canadians over fifty-five years with access to the equity in their home, tax-free. Or perhaps you know that tens of thousands of Canadians use a reverse mortgage as part of their financial plan. But did you know that there are seven common misconceptions when it comes to understanding reverse mortgages in Canada? As Canada’s leading provider of reverse mortgages, HomeEquity Bank can help set the record straight. So, without much further ado, Mortgages By Erin has listed some of the most widely believed myths about reverse mortgages. Keep reading to learn more about it

Original Article Source Credits:    Canada Mortgage and Housing Corporation  , https://www.cmhc-schl.gc.ca/

Article Written By:  NA

Original Article Posted on:  July 5, 2021

Link to Original Article:  https://www.cmhc-schl.gc.ca/en/media-newsroom/notices/2021/cmhc-reviews-underwriting-criteria

Original Article Source Credits:    CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  June 15, 2021

Link to Original Article:  https://www.canadianmortgagetrends.com/2021/06/housing-market-moderates-in-may-but-prices-forecast-to-rise-19-3-this-year/

Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  June 22, 2021

Link to Original Article:  https://www.canadianmortgagetrends.com/2021/06/low-rates-helping-borrowers-pay-off-mortgages-at-record-pace/

Original Article Source Credits:   Yahoo Finance , https://finance.yahoo.com/

Article Written By:  Shelly Hagan

Original Article Posted on:  May 20, 2021

Link to Original Article:  https://finance.yahoo.com/news/bank-canada-warns-household-debt-140009244.html

Every industry has its own language and terms. These words and phrases can be confusing to anyone who is not part of a specific industry’s daily operations, and the mortgage business is no exception.

Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  May 12, 2021

Link to Original Article:  https://www.canadianmortgagetrends.com/2021/05/latest-in-mortgage-news-house-prices-to-moderate-this-year-says-cmhc/

Original Article Source Credits:   Financial Post , https://financialpost.com/

Article Written By:  NA

Original Article Posted on:  May 18, 2021

Link to Original Article:  https://financialpost.com/personal-finance/business-essentials/low-interest-rates-demand-for-more-space-during-pandemic-has-pushed-canadian-housing-market-to-extraordinary-heights

At Mortgages by Erin, we understand that selling your home can be an uphill task and quite a challenge, which can make the process stressful. However, you can handle your property sale quickly and easily with a little preparation. Follow our checklist to sell your home quickly so that you can get back to the other essential things in your life.

Original Article Source Credits: betterdwelling, https://betterdwelling.com

Article Written By: NA

Original Article Posted on: APRIL 20, 2021

Link to Original Article: https://betterdwelling.com/canadian-real-estate-is-moving-from-pent-up-demand-to-pent-up-supply/

Original Article Source Credits: betterdwelling, https://betterdwelling.com

Article Written By: NA

Original Article Posted on: APRIL 19, 2021

Link to Original Article: https://betterdwelling.com/canadas-2021-budget-will-likely-have-little-impact-on-home-prices

Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/

Article Written By:  Stephen Punwasi

Original Article Posted on:  APRIL 5, 2021

Link to Original Article:  https://betterdwelling.com/how-quantitative-ease-inflates-real-estate-prices-and-why-it-doesnt-work-forever/

To most consumers outside of the mortgage space, the terms “mortgage broker” and “mortgage specialist” would seem interchangeable – but they aren’t. As a potential homeowner, the differences are more important than you might think.

Original Article Source Credits:  Canada.ca , https://www.canada.ca/ 

Article Written By:  NA

Original Article Posted on:  2020-09-16

Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/mortgages/pay-mortgage-faster.html

Original Article Source Credits:    Dominion Lending Centre  , https://dominionlending.ca/

Article Written By:  NA

Original Article Posted on:  January 26, 2021

Link to Original Article:  https://dominionlending.ca/mortgage-tips/the-top-7-misconceptions-about-reverse-mortgages

Original Article Source Credits:   CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By:  Steve Huebl

Original Article Posted on:  March 9, 2021

Link to Original Article:  https://www.canadianmortgagetrends.com/2021/03/mortgages-lead-credit-growth-as-delinquency-rates-decline/

As an experienced mortgage broker in Toronto, ON, I can help clients find the best possible solution for their needs by offering them personalized plans and excellent customer service. 

Mortgages are considered complicated as there are different types of mortgages and several requirements under them to determine whether you are worthy of funding. When it comes to applying for a mortgage, these options and conditions can cause you to have many questions to which the answers are difficult to come by. Fortunately, Mortgages By Erin has recognized this challenge and is happy to arm you with the most accurate information available to some of the most frequently asked questions about mortgages.

Original Article Source Credits:   Canada.ca , https://www.canada.ca/

Article Written By:  NA

Original Article Posted on:  2020-09-17

Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/mortgages/borrow-home-equity.html#toc3

Original Article Source Credits:   Financial Post , https://financialpost.com/

Article Written By:  Mumal Rathore and Richa Rebello

Original Article Posted on:  February 2, 2021

Link to Original Article:  https://financialpost.com/real-estate/canada-house-prices-to-build-up-this-year-outpace-inflation