Use your home's equity, but don't forget the debt

Story date: 2007-09-08 12:08:00
Added on: 2007-09-08 05:01:00

National Post - They receive an upfront payment from the lender or arrange a regular series of payments over time. These payments are considered tax-free, which promoters depict as another benefit. However, with a reverse mortgage, home equity gradually decreases as ...


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