Mindblown: a blog about philosophy.
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How Will the Latest BoC Rate Cut Affect Housing? | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
The Bank of Canada announces a significant interest rate cut to stimulate the housing market. Rate cut expected to ease borrowing costs, boosting demand amidst slow GDP growth and global uncertainty.
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BoC Cuts Policy Rate by 50 Basis Points to 3.25% | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Bank of Canada reduces policy rate by 50 basis points to 3.25%, marking the second consecutive half-point cut.Economists predict further cuts, with rates potentially reaching 2–2.25% by mid-2025, aiming for target inflation.The next interest rate decision is scheduled for Wednesday, January 29, 2025.
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Mortgage Changes Won’t Solve Canada’s Housing Crisis! | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Canada's mortgage model ensures low default rates and financial stability, unlike 30-year U.S. fixed-rate loans. Recent rate cuts had limited impact due to high bond yields affecting fixed-rate mortgages.
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Here’s how you can take the stress out of buying your first home
BlueShore Financial's expert advisors specialize in helping first-time homebuyers achieve their dreams. They provide accurate information, establish budgets and goals, and offer various financial options. Advisor Mirena Velikova assists clients in navigating the complexities of home ownership, including potential blind spots. She educates clients on savings plans, RRSP withdrawals, insured mortgages, and family support options…
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Boost Your Chances With Mortgage Pre-Approval | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
A mortgage pre-approval defines your loan eligibility and secures a rate for up to 120 days. Start by choosing a lender—shop around to find the best rates and mortgage options available.
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Down Payment Tips for Home Buyers | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Down payments are a crucial part of home buying success in Canada, beyond just mortgage rates.The minimum down payment in Canada depends on the home’s price and your province of purchase.
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Navigating the seller’s market
A Seller’s Market in Leduc has been ongoing since mid-2020, giving sellers an advantage with quick sales and higher prices. To succeed as a buyer, work with a knowledgeable local Realtor, be a prepared buyer, stay informed about the market, move quickly but avoid risks, present a winning offer, and be ready to pause if…
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New Mortgage Rules Aim to Ease Homebuying Stress | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
The government introduced 30-year amortization periods for all first-time buyers and new builds starting December 2024. Insured mortgage caps will rise to $1.5 million, making high-value homes more accessible for buyers.
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How to push for the lowest mortgage rates in a high interest rate world
Mortgage shopping is becoming more challenging due to delayed interest rate cuts and decreased competition. It's crucial to research, negotiate rates, and be cautious of low-rate offers with hidden costs. Finding the best deal requires thorough comparison, understanding mortgage types, and seeking transparent advice from brokers. Continue to full article
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Things Homeowners Should Check in Winter | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Protect Pipes: Insulate exposed pipes to prevent freezing and bursting during cold weather. Seal Air Leaks: Check windows, doors, and outlets for gaps to save on heating costs.
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