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Higher Limits Could Lapse by Year-End; Many Considering Larger Up Front Reverse Mortgage Payouts
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 11, 2009) - The latest figures released by Canada Mortgage and Housing Corporation (CMHC) reveal that housing starts continued to trend lower in July. During the last month, foundations were poured for 516 new homes, down 73 per cent from July 2008. During the first seven months of the year, a total of 3,858 units were started in the Vancouver ...
As Foreclosures Rise, Savvy Seniors Can Alleviate Debt and Find Additional Cash Through a Reverse Mortgage

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