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When navigating the complex world of home financing, one term that often raises eyebrows is the interest only mortgage. As a Mortgage Associate in Saskatoon working with Akal Mortgages Inc., I frequently encounter clients who are intrigued by this loan option — mostly because of its seemingly low mo...
If you’ve ever heard of a reverse mortgage and thought, Hey, that sounds like a great way to enjoy my retirement, you’re not alone. After all, who wouldn’t want a way to turn their home equity into cash without having to sell their house? Sounds like free money, right? Wrong. The truth is, reverse m...
