A look at options for retirees with mortgages

As reported in the Globe & Mail, paying off the mortgage is something most homeowners hope and expect to do by mid-life. But those who started late, refinanced or traded up find themselves with whopping mortgages to pay, just as they should be looking ahead to retirement.

Continuing to make house payments may not be everyone's fantasy heading into the golden years. But there are lots of options to consider for those in their mid-50s with sizable mortgages.

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