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Demand for reverse mortgages is soaring, and now there’s a new entrant on the scene to challenge the lone incumbent. Equitable Bank’s Path Home Plan became available last week in the British Columbia,
2:36 Money 123: What to consider when looking for a mortgage WATCH ABOVE: What to consider when looking for a mortgage The central bank’s five-year benchmark qualifying rate is now 5.19 per cent, down.
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CMBA-BC continues to advocate for a balanced approach to the regulator’s call for increased mortgage broker and sub-mortgage broker registration fees. Our Association has outlined the concerns expressed by our Members about the proposed fee structure and highlighted several potential alternative solutions.
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Reverse mortgages have been increasingly pitched as a way to stave. as the split rate among adults aged 50 and over has been rising faster than any other age group. But the BC team notes that the.
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