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What is a reverse mortgage and how does it work in Canada?

Eligible Canadian seniors can borrow up to 55% of their home’s value using a reverse mortgage.

The stealthy way insurance companies evaluate some claims: private investigators

If you’ve ever felt like you were being followed after making an insurance claim, it probably wasn’t just your imagination.

Ellen Roseman: Running a business from home? The right insurance policy is crucial

If you’re working for yourself in a home office, start learning about the business risks you may face.

We asked 11 financial experts what their best mortgage and insurance advice is for 2021

Whether it was an unexpected job loss, closing a business or setting up a home office, 2020 shook up finances in unexpected ways.

We asked 11 financial experts what their best mortgage and insurance advice is for 2021

We asked 11 financial experts what their best mortgage and insurance advice is for 2021

Whether it was an unexpected job loss, closing the doors of a business, or setting up a home office, 2020 shook up lives and finances in unexpected ways.

The ongoing pandemic has caused many to reconsider their financial situations in a new light. Whether it was an unexpected job loss, closing the doors of a business, or setting up a home office, 2020 shook up lives and finances in unexpected ways. 

About the author

LowestRates.ca Staff

The LowestRates.ca writing team focuses on telling original stories and bringing you the latest news in the world of personal finance.

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Thanks for using LowestRates.ca. Contact our trusted broker partner, Brite Mortgage, and a licensed broker will answer any questions you may have about a second mortgage.

REPORT: Will the Canadian housing market crash in 2021?

REPORT: Will the Canadian housing market crash in 2021?

If there is a housing market crash in Canada, could it be a good time to buy? Let’s take a look at what our experts had to say—and where they see house prices going.

Despite the impact COVID-19 has had on the global economy, Canadian real estate prices continue to outperform expectations and grow at a steady pace. 

About the authors

Zandile Chiwanza

Zandile is a freelance personal finance journalist. She previously worked as a personal finance writer at LowestRates.ca and before that, the content editor for Real Estate Management Industry News. As a self-proclaimed budget warrior, Zandile dedicates most of her time to advocating for financial wellness.

Lisa Coxon

Lisa is a senior editor in the personal finance space. Her work has appeared in Reader’s Digest, Toronto Life, Canadian Living and TVO. As a child, she diligently hoarded the $50 bills that fell out of her Christmas cards. Adult Lisa is working hard to resurrect those stockpiling tendencies. 

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 Will the Canadian housing market crash in 2021?

Could the coronavirus pandemic trigger the Canadian housing market to crash sometime this year?

Why don’t more home insurance companies offer non-smoking discounts?

If you’re able to quash the urge to smoke during these stressful times, shouldn’t you be recognized for your efforts?

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