Mindblown: a blog about philosophy.
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Variable rate mortgages predicted to gain popularity in 2026
Mortgage interest rates trended downward in 2025, but the Bank of Canada’s recent pause suggests variable rates will stabilize in 2026. Variable-rate mortgages, now cheaper than fixed rates, may grow in popularity. Fixed-rate renewers could face a 26% increase in payments, while variable-rate renewers might see a 4% rise. Economic uncertainty is expected to keep…
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Canada’s Real Estate Comeback Ignites | Discover your path to homeownership with me today.
Elevated rates and condo pullback push developers toward purpose-built rentals—especially larger, family-sized units in high demand. Rental demand stays strong nationwide, with new supply easing price pressures after years of rapid increases. Seniors’ housing becomes a top-tier asset class, spurring innovation in mixed-use retirement communities and modernized operations. Forecasts show private capital driving the next…
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ਸਬਪ੍ਰਾਈਮ ਮੋਰਟਗੇਜ: ਮੌਕੇ ਅਤੇ ਕਰੈਡਿਟ ਵਾਧਾ
ਸਬਪ੍ਰਾਈਮ ਮੋਰਟਗੇਜ ਉਹ ਉਧਾਰੀਆਂ ਲਈ ਹਨ ਜਿਨ੍ਹਾਂ ਦੇ ਕਰੈਡਿਟ ਸਕੋਰ 620 ਤੋਂ ਘੱਟ ਹੁੰਦੇ ਹਨ। ਇਨ੍ਹਾਂ 'ਤੇ ਵੱਧ ਵਿਆਜ ਦਰਾਂ ਲੱਗਦੀਆਂ ਹਨ ਕਿਉਂਕਿ ਡਿਫਾਲਟ ਦਾ ਖਤਰਾ ਵੱਧ ਹੁੰਦਾ ਹੈ। 2008 ਦੀ ਵਿੱਤੀ ਮੰਦੀ ਵਿੱਚ ਇਨ੍ਹਾਂ ਨੇ ਵੱਡਾ ਭੂਮਿਕਾ ਨਿਭਾਇਆ ਸੀ, ਜਿਸ ਦਾ ਕਾਰਨ ਖਤਰਨਾਕ ਲੈਂਡਿੰਗ ਅਤੇ ਵਿਆਪਕ ਡਿਫਾਲਟ ਸੀ। ਸਬਪ੍ਰਾਈਮ ਲੋਨ ਅੱਜ ਵੀ ਉਪਲਬਧ ਹਨ…
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Tips for First-Time Mortgage Success | Discover your path to homeownership with me today.
Skipping pre-approval leads to unrealistic expectations and disappointment. Late credit checks can cause last-minute surprises and higher rates. Big purchases during approval ↓ mortgage amount you qualify for. Underestimating closing costs causes financial stress at closing. Working with a mortgage expert helps compare lenders and find best options.
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How much you need for a down payment
A down payment is the initial amount paid when buying a home, with minimums set at 5% for homes up to $500,000, 5% on the first $500,000 plus 10% on the remainder up to $1 million, and 20% for homes $1 million or more. Down payments under 20% require mortgage loan insurance, with premiums from…
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Empowering Homebuyers: Top Mortgage Tips for Success | Discover your path to homeownership with me today.
Slide 1 💳 “Check credit, debt, and savings first—financial health drives mortgage eligibility.” Slide 2 🏠 “Fixed or variable rates? Know pros, cons, and hidden costs before committing.” Slide 3 📝 “Get pre-approved to know your budget and strengthen offers instantly.” Slide 4 🤝 “Mortgage experts unlock exclusive rates, negotiate terms, and simplify complex paperwork.”…
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ਪਹਿਲੀ ਵਾਰੀ ਘਰ ਖਰੀਦਣ ਵਾਲਿਆਂ ਲਈ GST ਰੀਬੇਟ ਦਾ ਰੀਅਲ ਐਸਟੇਟ ਅਤੇ ਨਿਰਮਾਣ ‘ਤੇ ਅਸਰ
Ontario ਨੇ ਐਲਾਨ ਕੀਤਾ ਹੈ ਕਿ ਉਹ ਫੈਡਰਲ First-Time Home Buyers’ (FTHB) GST Rebate ਦੇ ਬਰਾਬਰ ਇੱਕ ਪ੍ਰੋਵਿੰਸ਼ੀਅਲ ਰੀਬੇਟ ਲਿਆਉਣ ਜਾ ਰਹੀ ਹੈ, ਜਿਸ ਰਾਹੀਂ ਨਵੇਂ ਘਰਾਂ 'ਤੇ $1.5 ਮਿਲੀਅਨ ਤੱਕ ਦੀ ਕੀਮਤ ਵਾਲਿਆਂ ਲਈ ਵੱਧ ਤੋਂ ਵੱਧ $50,000 ਦੀ ਰੀਬੇਟ ਮਿਲ ਸਕਦੀ ਹੈ। ਯੋਗ ਉਮੀਦਵਾਰ ਉਹ ਪਹਿਲੀ ਵਾਰੀ ਘਰ ਖਰੀਦਣ ਵਾਲੇ ਹਨ ਜੋ ਆਪਣਾ…
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What You Need to Have Ready for a Mortgage Pre-Approval
For mortgage pre-approval with Access, prepare your social insurance number and two government-issued IDs (two primary or one primary and one secondary). Provide proof of income such as recent T4s, pay stubs, tax returns, or employment letters. Also, list assets like investments, down payment history, properties, and vehicles. Include liabilities such as mortgage statements, loans,…
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Why 2026 Could Test Canada’s Variable‑rate Borrowers | Discover your path to homeownership with me today.
Slide 1 Variable mortgage rates dropped from 7% to under 4% since mid‑2024. Slide 2 Bank of Canada paused cuts; inflation risks still keep rates elevated. Slide 3 Fixed rates tied to bonds, now around 3% after 2025 fluctuations. Slide 4 Borrowers bet on low variable rates, shifting away from long fixed terms. Slide 5…
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Understanding Rates: Empower Mortgage Choices | Discover your path to homeownership with me today.
Dec 10, 2025 rate: 2.25% Rate held steady since Oct 29, 2025 Several cuts in 2025, from 3.25% Rate changes affect mortgage payments Long-term financial plans also impacted
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