by Ingrid Clayton | Feb 28, 2021 | Financial Education
Reverse Mortgage Puts Your Equity To Work For You What is a Reverse Mortgage? This is a loan that allows homeowners to get money from their home equity without having to sell their homes. You may have heard the term “equity release”; this is another term that is used...
by Ingrid Clayton | Feb 21, 2021 | Financial Education
If you’re considering buying your first home, there are first-time home buyer incentives for you to take advantage of. But of course, the benefits from the programs will depend on your own eligibility so it’s important that you learn about the programs and...
by Ingrid Clayton | Feb 14, 2021 | Financial Literacy
What does it mean to Refinance a Mortgage? Refinancing a mortgage is when you renegotiate your current mortgage loan agreement — usually to access the equity in your home — to replace it with a new loan agreement. When people pay down the principal on...
by Ingrid Clayton | Feb 7, 2021 | Financial Education
What is the Old Age Security (OAS) Pension? The OAS pension is a monthly taxable income that you may receive from the government if you’re 65 and older. In most cases, you do not have to apply to get this benefit because Service Canada will be able to automatically...
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