What are mortgage-backed securities?

My husband and I are both retired, and we own our home but we have a small income. I've heard people talking about reverse mortgages. Are they a good idea?

My husband and I are looking for a home. How can we calculate what our new mortgage payment might be?

Is there any legislation that gives the homebuyer certain rights regarding the prepayment of his or her mortgage?

What is meant by Real Estate Investment Trusts(REITs)? Are they safe investments?

My RRSP is topped up, so I plan to invest a $20,000 windfall outside my RRSP. Would it be better if I paid down my mortgage?

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