Reverse Mortgage Debt Skyrockets 31% YoY Among Canadian Seniors

Better Dwelling | Daniel Wong | Feb 6, 2023 Reverse mortgage debt has recently surged in growth, with the debt rising at an unusual fast rate for any credit segment. Canadian homeowners aren’t shy about cashing in on their windfall, especially seniors. Regulatory filings with OSFI, Canada’s bank regulator, show reverse mortgage debt surged in

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