Discover expert insights on reverse mortgages and the latest changes in the Canadian real estate market in The Real Deal Pod with Allister & Geoff!
In this episode, we cover:
•Reverse Mortgages Explained: Learn how homeowners aged 55+ can unlock up to 55% of their home’s value with no monthly payments—ideal for those who are equity-rich but cash-poor.
•New Government Policies: Get the scoop on key updates, including increased mortgage limits up to $1.5M and 30-year amortizations for first-time buyers with less than 20% down.
•Real Estate Market Trends: Analyze year-to-date sales data from Fraser Valley, Greater Vancouver, and Chilliwack, including key insights on price changes.
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