Mortgages by Dammy

Mortgages by Dammy Whether purchasing your first home, renewing your mortgage or using the equity in your home to conso Brokerage # 12079 // Mortgage Agent # M20002249

05/04/2026

Oh and happy birthday to me 🎉

Elated to still be on the 30th floor… we thank God 💃🏾

04/20/2026

Owning a home won’t make you house poor.
Buying the wrong one will.

There’s a difference between buying a home…
and buying smart.

Most people aren’t struggling because of real estate.
They’re struggling because they had no plan.

It’s not about getting approved.
It’s about what your life looks like after you move in.

You should still be able to save, invest, and live.

If you’re buying, do it right.
Send me a message and let’s run the numbers.

04/16/2026

The $290,000 “Invisible” Discount.

On a $500k mortgage at 4%, over 30 years, you’ll pay $359k in interest. Sounds like a lot, right?

The Real Math:
At 3% inflation, $290,000 of that interest is literally “erased” by the falling value of the dollar.

The Breakdown:
👉🏾 Interest you pay: $359k
👉🏾 Inflation “subsidy”: -$290k
👉🏾 Real cost to you: ~$69k (in today’s value)

You’re borrowing “Strong” dollars today and paying back “Weak” dollars tomorrow. By Year 30, your $2,387 payment will feel like paying $983 today.

Inflation is a debtor’s best friend. It’s why the rich take on debt.

Change my mind in the comments section.😄

04/15/2026

The $130K HST rebate is getting a lot of attention right now, and for good reason.

But before you make any decisions, I asked four Ontario realtors what they actually think.
Their answers weren’t the same. And that’s the point.

Pre-con vs resale isn’t a one-size-fits-all conversation. It depends on your neighbourhood, your timeline, and your risk tolerance.

Not sure if pre-con or resale is right for you?
That’s exactly what I help clients figure out.

DM me or book a free call.

04/04/2026

It’s the “you never know” for me 😆

Buyers think offering on a $399K listing means the home is $399K. Professionals know that’s just the opening bid.

People think qualifying for a mortgage is the hardest part of buying a home… but finding the perfect home at your price point can be quite the reality check.

Have you experienced this?

The government has tilted the rules in favour of first-time buyers… 5 times recently.Are you aware of all of them?Share ...
04/02/2026

The government has tilted the rules in favour of first-time buyers… 5 times recently.

Are you aware of all of them?

Share this with a first-time home buyer who needs to see this.

03/26/2026

Trying to game first-time buyer benefits by buying under one name?

If you’re married or common-law,
your partner’s home ownership can still affect your eligibility.

Facts over hacks.

03/23/2026

Comment “FHSA” and I’ll send you my FHSA guide.

I’ll walk you through how to set it up, what to invest in, and how to maximize the tax savings so you don’t leave free money on the table.

03/21/2026

Context changes everything in a mortgage application.

DM me “READY” if you’re buying or refinancing in 2026. 🏡

First-Time Home Buyers: Extra Savings on New Homes.If you’re buying your first new home, you could get up to $50,000 bac...
03/16/2026

First-Time Home Buyers: Extra Savings on New Homes.

If you’re buying your first new home, you could get up to $50,000 back in federal GST.

How it works (real example):
• Home price: $617,692
• Federal GST paid: $28,915 → now fully rebated ✅
• Extra savings compared to the old system: ~$29,000

What you need to know:
1️⃣ Full federal rebate on homes up to $1M
2️⃣ Partial rebate on homes $1M–$1.5M
3️⃣ Only for new builds (condos, townhomes, detached homes)
4️⃣ Must be your primary residence

This is a big deal; programs like this can save first-time buyers tens of thousands at closing.

03/16/2026

First-time home buyers in Canada may be eligible for up to $50,000 back in GST when buying a new home.

What to know:
• Full rebate on homes up to $1M
• Partial rebate $1M–$1.5M
• New builds only (including condos and townhomes)
• Must be your primary residence

Programs like this can make a bigger difference than people realize.

Address

Toronto, ON

Telephone

+16478195874

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