Category: Uncategorized
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Budget-Friendly Backyard Tips for Fall | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Fall is the perfect time to enhance your backyard for year-round family activities and enjoyment.Cleaning flower beds and adding mulch helps retain moisture and prevents weeds in your garden.
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Alberta Raises Land Transfer and Mortgage Fees | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Alberta government raised land transfer and mortgage registration fees effective October 20. Land transfer fees increased from $2 to $5/$5K property value.
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Essential Tips to Solve Common Home Problems Quickly | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Home Improvement Tools – Ceiling fan cleaner easily traps dust – Weeder tool removes weeds without bending – Dual showerhead ensures adjustable water flow – Long-reach bulb changer for high ceilings Organization Solutions – Labels for organizing sheets and linens – Multi-plug adapter for additional outlets – Rack system for hanging hats or accessories
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How to save for a down payment towards a home
Owning a home in Canada requires saving for a down payment, which ranges from 5% to 20% of the purchase price, depending on the home's value. Mortgages are loans from lenders to finance home purchases, with terms typically between three to five years and amortization periods up to 30 years. First-time buyers can utilize the…
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New Mortgage Insurance Reforms: Let’s Clear the Confusion
Starting December 15, 2024, Canada will implement significant changes to mortgage rules to enhance homebuying accessibility. The price limit for insured mortgages will rise from $1 million to $1.5 million, with down payment requirements set at 5% for the first $500,000 and 10% for the remainder. First-time buyers can access 30-year amortization for both new…
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How First-Time Buyers Benefit From Canada’s New Mortgage Policies | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Canada raises the insured mortgage cap to $1.5M to help first-time buyers enter the market. Extending 30-year amortizations lowers monthly payments, easing financial pressure for young and first-time buyers.
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Tips for a Smooth Home Selling Experience | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Being well-prepared with a conveyancer and mortgage lined up can help avoid delays. Working with estate agents ensures your home is priced correctly and presented well for buyers.
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Outdoor Upgrades That Pay Off: Expert Tips! | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages
Land Clearing Benefits – Improves curb appeal – Easier upkeep with cleared land – Increases property value and usability Forestry Mulching Advantages – Cost-effective for clearing small vegetation – Preserves roots, reducing erosion risks – Creates a "park-like" backyard scene
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12 Essential Tips for First-Time Home Buyers
Buying your first home in Canada can be both exciting and overwhelming. Key tips for first-time buyers include saving strategically for a down payment, understanding what you can afford to borrow, and improving your credit score. It's essential to calculate your debt service ratios and prepare for the mortgage stress test. Comparing mortgage options and…
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Real Estate Talk: New mortgage rules
Minister of Finance Chrystia Freeland announced new mortgage rules effective August 1, 2024, aimed at improving property acquisition for buyers. Key changes include raising the cap on insured mortgages to $1.5 million, extending amortization periods to 30 years, and allowing tax-free savings for down payments. These adjustments are expected to enhance bank competitiveness, increase demand,…