The Truth About Reserve Mortgages

Posted On Dec 04, 2020

Many Canadians preparing for retirement today are house rich but cash poor as they have a significant portion of their net worth tied up in their principal residences.  Those that have been lucky enough to own a home often have a net worth that...

Standard vs. Collateral Charge Mortgages

Posted On Aug 15, 2019

 I recently had clients who were refinancing their mortgage completely reject a very attractive offering from one of the big chartered banks.Their reasoning? All of this bank’s mortgages are registered as collateral charges, and all of their...