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9 Myths About Reverse Mortgages

9 Myths About Reverse Mortgages

Reverse mortgages are available exclusively to homeowners age 55 and older and have evolved from a needs-based product to a product many financial planners recommend as an important component of a comprehensive retirement plan. Below, the myths are separated from the...
Mortgage Insurance 101 [Video]

Mortgage Insurance 101 [Video]

A conventional mortgage in Canada normally requires a down payment of at least 20% of the purchase price. When homebuyers have less than 20% for a down payment, Mortgage Insurance allows them to secure a mortgage for their home purchase. Mortgage Insurance 101 [Video]...
Laneway Home Mortgage [Video]

Laneway Home Mortgage [Video]

Laneway housing started turning heads in Vancouver a few years ago. As part of Vancouver’s EcoDensity initiative Laneway housing has started to really take off and is bringing a new housing choice to our city. MERIX Minute with Andrew Howard Featuring: Laneway Homes...
Five First-time Homebuyer Mistakes

Five First-time Homebuyer Mistakes

If you’re on the hunt for your first home and want to have a smooth and successful home purchasing experience here’s 5 common first-time homebuyer mistakes to avoid courtesy of Genworth. Thinking you don’t need a REALTOR You might be able to find a house on your...
What is a HELOC Mortgage?

What is a HELOC Mortgage?

According to a recent study by the Canadian Association of Mortgage Professionals (CAAMP), there is currently 9.52 million homeowners in Canada. Of those homeowners about 5.58 million have a mortgage on their property. In Canada about 2.3 million homeowners also have...