Toronto-headquartered Bloom Finance Company Ltd. has rolled out SafeRate, which is being promoted as Canada’s first reverse mortgage with a lifetime fixed interest rate. According to the company, the new product is designed to protect seniors by eliminating...
The Canadian fintech Bloom Finance Co. Ltd. expanded the availability of its reverse mortgage release platform to homeowners ages 55 and older in Alberta. The expansion follows Bloom’s launch in Ontario in 2021 and British Columbia in 2022. Bloom is the first...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
