Mindblown: a blog about philosophy.
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What Is A Halal Mortgage?
Many Muslim Canadians face challenges in obtaining conventional mortgages due to the prohibition of interest (riba) in Islam. Halal mortgages offer an alternative, structured to comply with Shariah law, allowing for profit-sharing instead of interest payments. There are three main types: Musharaka (partnership), Murabaha (cost plus profit), and Ijara (lease). Currently, only a few institutions…
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Calgary Rent Cools; But $1M Home Sales Heat Up | Please check out our video.
Calgary's housing market is seeing cooling rent increases but a surge in $1 million-plus home sales.Calgary's avg rents rose by 4% to nearly $2,100 in June; rental vacancy rates are projected to drop to 1.1% this year.
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Calgary’s Real Estate: Hotter Than Ever! | Please check out our video.
Calgary’s Real Estate market surged in 2024, fuelled by high immigration and inter-provincial migration. Top-tier home sales in Calgary ↑ 46% yearly, reaching 1,130 properties sold over $1M.
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Calgary Detached Home: Prices Jump Nearly 13% | Please check out our video.
Calgary's benchmark price for a detached home rose nearly 13% yearly to ~$760K.Only East Calgary has a detached home benchmark price below $550K, at ~$530K.
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Happy Labour Day | Please check out our video.
Happy Labour Day! Labour Day is a chance to honor and appreciate the hard work and contributions of workers in various industries. It's a chance to look back at workers' rights achievements and labor rights progress over time. Sending warm wishes on Labour Day to honor the dedication and contributions of workers everywhere. May your…
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City of Calgary launches second phase of study on short-term rentals
Calgary is conducting an online survey until the end of September to gather feedback on short-term rental regulations. The Short-Term Rental Study aims to analyze market characteristics, public perceptions, and the impact of short-term rentals on the housing market. The study, in collaboration with the University of Calgary, found a 25% increase in rentals over…
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12 tips to help with your upcoming mortgage renewal
Renewing your mortgage can be stress-free and money-saving. Tips include starting early, exploring different lenders, understanding your current mortgage, researching rates, considering future financial goals, and negotiating for the best deal. Knowing fixed vs. variable rates, stress test requirements, and prepayment options are crucial. Short-term options, lump sum payments, and professional guidance can also enhance…
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Calgary Rents: 7.3% Increase in Early-Q3 | Please check out our video.
Calgary remains a popular destination, increasing cost of living and rental rates. Renting a two-bedroom in Calgary has risen by 7.3% since July 2023.
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Calgary Launches $60M Affordable Housing Program | Please check out our video.
Calgary announces a $60 million Housing Capital Initiative (HCI) for affordable housing. Charities, non-profits, and Indigenous groups can apply for funding until Oct. 10.
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Rent or Own? The Path to Owning Your Home | Please check out our video.
Weigh Flexibility vs. Investment: Renting offers flexibility, while buying builds equity and offers tax benefits. Consider Long-Term Stability: Buying is better if you plan to stay in one place for many years.
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