I’ve been talking a lot with clients lately about how they can use their home's equity to improve their overall financial situation.

A reverse mortgage allows Canadian homeowners 55+ years to access their equity, without a monthly mortgage payment.

The new qualifying rate for these borrowers will be +2% of the contract rate or 5.25% (whichever is greater).

If you’re buying in a high-priced area like Canmore there are many other costs NOT associated with your mortgage.

The pre-qualification number you get when you visit online bank calculators or other mortgage tools is rarely ever what you’ll actually get.

Financing a vacation home is not only achievable but also can be affordable with the right preparation and research.

Take advantage of a lower interest rate and one monthly payment, and complete renovations with a purchase plus improvement mortgage.