Understanding Home Equity with a Reverse Mortgage Calculator

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2025-12-02 19:38:10 -

For Canadian homeowners approaching retirement, understanding home equity is a crucial part of financial planning. Home equity represents the difference between the current market value of your property and any outstanding mortgage or debts. Many retirees want to leverage this equity to support their retirement lifestyle, cover healthcare expenses, or fund home improvements. A Reverse Mortgage...

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