Mindblown: a blog about philosophy.

76% of mortgages due for renewal by end of 2026. Variable rate mortgages risk negative amortization, increasing principal balances.

National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences. It's a symbol of Canada's commitment to reconciliation with Indigenous communities. Wearing orange shirts on this day symbolizes respect for survivors and raises awareness about residential schools. May this day inspire a future where every voice is heard, and every spirit…

Screen tenants thoroughly to avoid costly issues; skipping checks can lead to significant financial losses. Budget 1%-2% of property value annually for maintenance to prevent minor issues from escalating.

The Home Buyers’ Plan (HBP) now allows first-time buyers to withdraw up to $60K from their RRSPs. The HBP repayment grace period has increased to five years for withdrawals made between 2022 and 2025.

Assess Financial Health: Understand your budget, credit score, and debts before starting your home search.Get Mortgage Pre-Approval: Secure pre-approval to define your budget and show sellers you're serious.

Single-Level Layout: Avoid stairs for better mobility. Accessible Kitchen: Features lower countertops and reachable storage.

By end of 2024, the policy interest rate is forecasted to be 3.75%, down from 5%. Further 0.25% cuts expected on September 4, October 23, and December 11, 2024.

Develop a detailed plan, including budget and design goals, before starting your condo renovation. Allocate a budget that accounts for unexpected costs and allows flexibility throughout the renovation.