How does paying 6.59 per cent interest on a mortgage grab you? If that sounds high, it should, because Canada’s average five-year fixed mortgage is only 3.47 per cent. Yet thousands of seniors will pay that higher 6.59 per cent in a reverse mortgage, a loan secured against home equity where you make no payments […]

Under the old residential tenancy rules, a landlord could reject a prospective tenant if they had a pet.  I would suggest to clients that if they wanted the landlord to accept their pet, they could legally offer up a pet damage deposit to move the landlord from a “no” to a “yes”.  It was legal […]