In an article the Globe and Mail released this week titled “Time to get over our squeamishness about reverse mortgages” by Rob Carrick.
It is an interesting article that explains the increasing need and demand for reverse mortgages in Canada, and that accessing equity from a home can be a smart solution.
Carrick, a well-known Personal Finance Columnist for the Globe and Mail, wrote that “…it’s time to take a fresh look at the reverse mortgage and get over the common view that it’s a last resort or short-sighted measure”.