Category: Uncategorized
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Steps to Buying a House in Canada
54% of Canadians plan to buy a home in the next five years. Homeownership requires commitment, financial readiness, and clear motivation. Key steps include assessing if owning suits your lifestyle, improving finances, saving a down payment (5%-20% depending on price), exploring government programs, setting a realistic budget, getting mortgage pre-approval, and working with a full-time…
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Mortgage Lending Market to Grow 9.5% CAGR | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
The mortgage lending market is projected to grow $27.5T by 2031. CAGR of 9.5% driven by digital and tech adoption.
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Retirement Cash Flow? Consider Reverse Mortgages | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Reverse mortgages now serve Canadians 55+ as mainstream, flexible, tax-free retirement income tools. Homeowners can access up to 55% equity, no monthly payments, and full spending control.
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Refinance Your Mortgage: Smarter Savings | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Mortgage refinancing replaces your current loan with a new one, possibly at a lower interest rate. You can borrow up to 80% of your home’s value, minus your existing mortgage balance.
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Get Mortgage Pre-Approved Before House Hunting | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Mortgage pre-approval is a lender’s conditional offer based on your finances, not a final commitment. It confirms how much you can borrow, typically locking your rate for 90 to 120 days.
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Calgary To Boost Industrial Development With New Incentives, Action Plan
Calgary is updating its Citywide Growth Strategy with a new Industrial Action Plan to boost industrial development, supporting economic diversification and population growth. Industrial sectors contribute significantly to GDP, jobs, and property tax. The plan includes modernizing policies, infrastructure investment, and introducing incentives to attract development. If successful, it could create 2,400 jobs, add $540…
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Move & Save: Canada’s Mortgage Portability | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Mortgage portability lets you transfer your existing mortgage to a new home without penalties. It preserves your current interest rate and term, avoiding costly prepayment fees when relocating.
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Will the BoC Finally Slash Rates? | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Bank of Canada held its overnight rate at 2.75% on June 4, 2025. TD Economics forecasts two more rate cuts in 2025.
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How to Save for a Down Payment
Saving for a down payment is crucial for homeownership. In Canada, minimum down payments vary by home price, with 20% often preferred to avoid mortgage insurance. Saving strategies include cutting expenses, using high-interest savings accounts or First Home Savings Accounts (FHSA), and planning for the Home Buyers’ Plan to borrow from RRSPs. For short-term goals,…
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How Low Will Prime and Variable Rates Go? | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Prime rate forecasted ~4.95% mid‑2025, falling to ~4.7% by year-end. CORRA‑linked variable rates trailing prime by ~0.85–1.4%.