Category: Uncategorized
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Own your future: Your step-by-step guide to homeownership
Many Canadians find the home buying process stressful and frustrating. To start, save for a down payment and other expenses like taxes and fees. Determine your budget using tools like TD’s Mortgage Affordability Calculator. Get pre-approved for a mortgage to know your options. Find a realtor who understands your needs and market trends. Schedule showings…
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Today’s Best BMO Mortgage Rates
Current mortgage rates from the Bank of Montreal (BMO) are updated daily, with the prime rate recently lowered to 6.45%. BMO offers both posted and discounted rates, with the latter typically being more favorable. Borrowers can choose between fixed and variable rates, each with its own advantages and risks. To secure the best rates, it's…
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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