Category: Uncategorized
-
First Advisor Meeting: Essential Preparation Steps | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Define your financial goals by considering short-, medium-, and long-term priorities like saving, investing, or major purchases.Gather essential financial documents, including investment statements, insurance policies, mortgage details, and debt information for a clear financial picture.
-
Buying First Home: Key Money Moves | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Focus on financial readiness, not timing, to become a homeowner in 2025 despite market concerns. Pay off debt and improve your credit score to qualify for better mortgage rates and options.
-
Global Residential Mortgage Market to Hit $26.5B by 2030! | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
The global residential mortgage market is expected to grow from US$ 11.2 billion in 2022 to US$ 26.5 billion by 2030. The market is growing with a CAGR of 11.3% during the forecast period from 2024 to 2031.
-
Calgary Property Taxes Surge, Income Taxes Drop | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Alberta’s 2025 budget lowers income taxes but increases property taxes, especially impacting Calgary homeowners.The personal income tax rate on the first $60K drops from 10% to 8%, saving up to $750 yearly.
-
9 Tips for a Successful Mortgage Renewal in Canada
Renewing a mortgage in Canada can greatly affect finances, especially with rising interest rates. Key changes include the removal of the stress test for borrowers switching lenders at renewal. Homeowners should prepare for higher payments and shop early for better rates. Tips for a successful renewal include negotiating offers, reassessing financial needs, comparing rates, and…
-
How to Handle Tenant Damage and Repairs: Protecting Your Investment
Tenant damage and repairs are common in real estate investing, and effective management is crucial for profitability. Key strategies include setting clear expectations in lease agreements, conducting regular property inspections, and building a network of reliable contractors for prompt repairs. It's important to respond quickly to repair requests and differentiate between normal wear and tear…
-
Bank of Canada Rate Cut Odds Plunge Below 30% | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Market expectations for a 25-basis-point rate cut at the Bank of Canada’s March 12 meeting fell to under 30%. Analysts argue inflationary pressures and job market strength do not justify further monetary policy easing.
-
How to Build Wealth with Multi-Family Investments
Multi-family real estate investments can build wealth through steady cash flow, scalability, and long-term appreciation. Key strategies include market research, leveraging favorable financing, and maximizing cash flow with value-add initiatives. Effective property management is essential for maintaining value and tenant satisfaction. Consulting tax professionals can maximize tax benefits, and reinvesting profits into more properties can…
-
Happy April Fool’s Day | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!
-
7 Steps to Retirement Planning in Canada
Retirement planning involves preparing for life after work by setting goals, calculating savings needs, and choosing investment strategies. Key steps include defining retirement goals, determining a benchmark retirement age, assessing changes in spending, calculating required savings using rules like the 80% rule, and factoring in additional income sources like pensions. Selecting appropriate investment accounts, such…