Mindblown: a blog about philosophy.
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Angustia severa: Morosidad hipotecaria en Ontario un 50% más alta que antes de la pandemia
Las morosidades hipotecarias en Ontario aumentaron significativamente en el cuarto trimestre de 2024, con más de 11,000 hipotecas sin pagos, casi tres veces el número de 2022. La deuda total de los consumidores en Canadá alcanzó los $2.56 billones, afectando especialmente a los jóvenes y personas de bajos ingresos. Aunque algunos canadienses se beneficiaron de…
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First Advisor Meeting: Essential Preparation Steps | Get Your Mortgage for a LilLez!
Define your financial goals by considering short-, medium-, and long-term priorities like saving, investing, or major purchases.Gather essential financial documents, including investment statements, insurance policies, mortgage details, and debt information for a clear financial picture.
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Buying First Home: Key Money Moves | Get Your Mortgage for a LilLez!
Focus on financial readiness, not timing, to become a homeowner in 2025 despite market concerns. Pay off debt and improve your credit score to qualify for better mortgage rates and options.
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Boost Your Property Value: 7 Outdoor Upgrades That Deliver Maximum ROI
Outdoor spaces can significantly enhance property value, offering high returns on investment (ROI) for renovations. Improvements like patios, landscaping, and outdoor kitchens can yield returns of up to 150%. Key trends include multi-functional spaces, outdoor offices, and sustainable landscaping. Strategic design elements, such as built-in seating and privacy features, further boost value. Cost-effective upgrades, like…
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Protecting your passion: Why Toronto’s small businesses should consider insurance
Many Toronto small business owners neglect business insurance, risking operations against unexpected events. A TD Insurance survey shows 40% lack coverage, despite 20% viewing temporary shutdowns as a major liability. Concerns about costs and management delay insurance acquisition. TD Insurance offers customizable policies, while Tangerine Bank provides low-fee investment options amid economic uncertainty. Continue to…
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How to Protect Your Home From Ice Storm | Get Your Mortgage for a LilLez!
Insulate pipes and maintain stable heating to prevent freezing and bursting during ice storms. Keep gutters, grates, and drainage systems clear to avoid ice buildup and potential water damage.
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Ontario: Where to Find Smart-Priced Homes | Get Your Mortgage for a LilLez!
Sault Ste. Marie offers a market-friendly cost of living with smart-priced homes and excellent outdoor activities.North Bay provides great value housing and access to Lake Nipissing for boating, fishing, and scenic views.
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5 tax incentives Canadian homeowners should take advantage of
Owning a home in Canada is costly, but tax credits and benefits can provide financial relief. Amid a cost of living crisis, homeowners are seeking ways to renovate their properties. The Canada Revenue Agency (CRA) offers several tax incentives, including the MHRTC, which allows up to $50,000 in renovations for a secondary unit, and the…
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Will 2.5% Interest Rates Be Locked in Until 2027? | Get Your Mortgage for a LilLez!
The Bank of Canada is projected to cut rates to 2.50% by July, until early 2027 before increasing it. Canada’s GDP is forecasted to grow 1.8% in 2025, with housing strength as the biggest upside factor.
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9% Yields: Why Private Mortgage Funds Shine | Get Your Mortgage for a LilLez!
In Canada’s current investment landscape, private mortgage funds offer a 9% yield, outperforming fixed-income options. These funds pool investor capital to provide loans to borrowers who don’t qualify for bank financing.
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