Category: Uncategorized
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Happy Long Weekend! | Get Your Mortgage for a LilLez!
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Vacancy gap between AAA, lower office classes a record 890 BPS
AAA office assets in downtown Toronto, Montreal, and Vancouver have outperformed lower-grade buildings in vacancy, availability, and rental resilience, with vacancy at 7.1% versus 16% for non-trophy buildings. Tenants prioritize quality and amenities over cost, favoring premium spaces. Class-B and aging Class-A offices face pressure as demand consolidates in top-tier buildings. Return-to-office mandates by larger…
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Buying A House In 2025: A Step-By-Step Guide
Buying a house involves key steps: setting a budget, saving for a down payment, checking credit scores, and shopping for mortgages. Consider extra costs like taxes, insurance, and maintenance. The market is shifting toward balance, benefiting buyers despite high prices and rates. Work with a local agent, get preapproved, inspect the home, negotiate repairs, secure…
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Renewing your mortgage? A guide for Canadians
For those renewing mortgages soon, understanding terms and options can ease rate shock. Use tools like mortgage renewal calculators to compare offers and total costs. Consider adjusting mortgage terms or switching to variable rates to stay competitive. Higher payments may require strategies like prepayments, extending amortization, or cutting expenses. If renewal is declined, seek new…
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Why Bond Yields Matter to Your Mortgage | Get Your Mortgage for a LilLez!
Bond yields guide mortgage rates—understanding them helps borrowers make smarter decisions. A bond yield shows how much return investors earn—like interest—for holding a bond.
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How Mortgages Empower Homebuyersin Canada | Get Your Mortgage for a LilLez!
Canadian mortgages have amortizations up to 30 years, with typical terms lasting five years. Interest rates can be fixed or variable; your rate depends on your financial risk profile. Improving your credit score and income helps secure lower interest rates and better terms. Closed mortgages limit early payments, while open terms allow flexibility but charge…
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How to Choose the Right Mortgage Lender | Get Your Mortgage for a LilLez!
Compare lenders by researching rates, prepayment options, penalties, and customer service responsiveness. Use online reviews and forums to understand real borrower experiences beyond promotional claims. Ask thorough questions to judge lender transparency and support during the mortgage process. Mortgage brokers simplify comparisons and may access lenders or deals not available directly. A lenders have strict…
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How Is a Mortgage Different From a Loan? | Get Your Mortgage for a LilLez!
Mortgages are secured loans specifically used to purchase or refinance Real Estate properties. Personal loans can be secured or unsecured and cover expenses like cars, education, or vacations. Mortgages require down payments, offer lower interest rates, and have longer repayment terms than most loans. Loans range from $100 to tens of thousands; mortgages usually start…
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How to Choose the Right Mortgage Lender
When choosing a mortgage lender in Canada, consider lender reputation, customer service, and qualification criteria. A lenders, like major banks and credit unions, offer the best rates but have strict requirements. B lenders serve those with lower credit scores but charge higher rates. Private lenders provide quick access but at higher risk and cost. Using…
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Mortgage Lending Market to Grow 9.5% CAGR | Get Your Mortgage for a LilLez!
The mortgage lending market is projected to grow $27.5T by 2031. CAGR of 9.5% driven by digital and tech adoption.