Mindblown: a blog about philosophy.
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How to Use Home Equity to Take out a Second Mortgage | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Using home equity for a second mortgage can fund home projects, education, or debt consolidation. Equity grows through mortgage payments, home improvements, and property value increases over time.
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How Much Should You Be Spending on Rent in Canada Today?
Determining the appropriate amount of income to allocate towards rent in Canada involves considering the 30% guideline, which may not always be feasible due to varying housing costs. Factors such as location, market trends, and city-specific influences play a significant role. Tips for saving on rent include researching affordable areas, using rental affordability tools, considering…
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Global Mortgage Service Market Poised for Growth | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
The global Residential Mortgage Service market is growing with advancements in technology and government investment. The market is driven by increasing demand for affordable loans and a variety of mortgage options.
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Why Canadian Mortgage Rates Are Set to Rise | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
The Federal Reserve signals reduced interest rate cuts in 2025, altering market expectations and re-pricing financial instruments. The Fed's focus remains on inflation, with employment stable, avoiding swift rate cuts that could reignite inflation
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BMO Reinstates Stress Test for Uninsured Mortgage Switches | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
BMO's Change: Reinstates OSFI stress test for uninsured switches after briefly removing it. Qualification Rules: Borrowers must qualify using the higher of 5.25% or contracted rate + 2%.
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Happy Lunar New Year | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
恭喜發財. Wishing you prosperity. Lunar New Year, is the most important celebration observed in China, with cultural and historic significance.The New Year celebration is centered around removing the bad and the old, and welcoming the new and the good. Traditional activities include reunion dinner, cleaning houses, visiting family members, setting off firecrackers and fireworks, and…
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Why BoC Expects No Recession in 2025 | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
The BoC cut rates by 50 basis points as inflation nears 2% and GDP growth slows. Upcoming GST break, mortgage cap increase, and $250 rebate may boost spending amid U.S. tariff concerns.
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Top Tactics for Juggling Multiple Canadian Rentals
Managing multiple rental properties in Canada involves balancing tenant needs with business acumen to create a stable income source. Benefits include increased passive income, risk diversification, and potential for property appreciation. Challenges include time management, tenant turnover, and maintenance. Efficient strategies include thorough tenant screening, effective communication, and financial considerations like cash flow analysis and…
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BoC Rate Cut: It’s Game on for Home Buyers | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Lower Variable Rates: Mortgage rates ↓ 0.5%, with broker rates around 4.3%, slightly easing monthly payments. Affordability Boost: Buyers gain ~$30,000 in purchasing power, improving access to homes.
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Mortgage Renewals Set to Challenge Canadian Households | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Two million mortgages will renew at higher rates, causing significant financial strain in 2025 and 2026. 1.2M mortgages will renew in 2025, with another 980K set for renewal in 2026.
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