Mindblown: a blog about philosophy.
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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%.
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Are Canadian Mortgages Dropping Toward 4%? | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Five‑year fixed likely dips to 4%+ in 2025. Variable-rate mortgages expected ~0.25–1% lower than fixed.
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How to Buy Your First Rental Property
Buying a rental property can build long-term wealth and passive income through careful planning, market research, and understanding financing and management. Investors can benefit from tax deductions and steady rental income. Down payments vary, with options like FHA, VA, HomePath, portfolio loans, and seller financing available. Alternatives include REITs and crowdfunding for hands-off real estate…
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Is BoC Pausing Cuts a Softening Signal? | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
The Bank of Canada paused rate cuts, keeping rates within its neutral range of 2.25–3.25%.Canada’s economy is “softer but not sharply weaker,” with recent inflation data showing continued firmness.GDP grew 2.2% in Q1 2025, exceeding forecasts, largely from tariff-driven exports—not broad economic strength.
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