Mindblown: a blog about philosophy.

Buying your first home in Ontario can be challenging, especially with bad credit. Understanding your credit score is crucial, as it affects mortgage eligibility. First-time buyers can benefit from programs like the Land Transfer Tax Rebate and the RRSP Home Buyers' Plan. Increasing your down payment can improve your chances with lenders. Alternative lending options…

کینیڈا میں مورگیج کی تجدید مالیات پر بڑا اثر ڈال سکتی ہے، خاص طور پر بڑھتی ہوئی سود کی شرحوں کے ساتھ۔ اہم تبدیلیوں میں تجدید کے وقت قرض دہندگان کے لئے اسٹریس ٹیسٹ کا خاتمہ شامل ہے۔ گھر مالکان کو زیادہ ادائیگیوں کے لئے تیار رہنا چاہئے اور بہتر شرحوں کے لئے جلدی خریداری…

Securing a mortgage is crucial when buying a home. To improve approval chances, enhance your credit score to above 680, reduce existing debt, and save for a larger down payment. Establish a realistic budget, including closing costs, and obtain a mortgage pre-approval to understand your borrowing capacity and protect against rate increases. Being well-prepared can…

In September 2025, the average home price in Durham Region was $877,963, up 2% from August but down 1.8% from last year. Sales rose 5.2% with 707 homes sold, and active listings increased 17.3%. Detached homes averaged $974,377, semi-detached $705,660, attached $762,690, townhouse condos $595,568, and apartment condos $491,672. Prices have roughly doubled since 2015…

Basis points (BPS) are a key measurement in mortgage interest rates, representing 1/100th of a percentage point (0.01%). They help clarify small rate changes, which can significantly impact mortgage payments. For instance, a 25 basis point increase on a $300,000 mortgage can raise monthly payments by $42.94. Basis points are crucial for understanding shifts in…