Home Ownership on Retirement

The Impact of Home Ownership on Retirement. What role should home equity play in your retirement plans? We explain all. Your home is more than four walls and a roof. (And hopefully a floor.) For owners with significant equity in their homes, it can also be a money tree. For Fools, the trick is in deciding whether, when, and how to start harvesting that cash. Early in retirement? Later? Or never? That’s a personal decision. Your home is one of the biggest investments you’ll ever make, and an important symbol…

Q1 mortgage stats

Big Banks reveal Q1 mortgage stats This is what brokers need to know about the mortgage performance of the big banks that don’t operate in the broker channel – related with Q1 mortgage stats. RBC Royal Bank’s outstanding residential mortgage loans accounted for $245.6 billion as at January 31, 2016 – up from $234.2 billion as at October 31, 2015. The biggest of the big banks credits its residential mortgage portfolio with spurring its overall loan growth. “Loans were up $68 billion or 15%, largely reflecting our acquisition of City…