Mindblown: a blog about philosophy.
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Are You Missing out Without a Broker? | Get Your Mortgage for a LilLez!
Mortgage brokers provide access to more deals than banks, including exclusive and non-public lender offers.They offer personalized advice based on income, credit, deposit, and property type.
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Mortgage Renewals Surge, Payments Jump 15% | Get Your Mortgage for a LilLez!
60% of Canadian mortgages renew by 2026, with most facing higher payments due to rate hikes. Homeowners renewing 5-year fixed terms in 2025 face average monthly payment hikes of $300.
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Will Canada’s Home Prices Crash Harder Than Expected? | Get Your Mortgage for a LilLez!
Home prices in Canada are projected to fall by 3.2% in 2025 due to economic uncertainty. TD Economics downgraded forecasts after weaker-than-expected sales and price declines in Q1 of 2025.
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How to Win the Mortgage Pre-Approval Process
A mortgage pre-approval is a lender's initial approval of the loan amount you qualify for, securing a specific rate for up to 120 days. It involves a review of your financial situation and helps define your home budget while enhancing your credibility as a buyer. To obtain pre-approval, choose a lender, gather necessary documents, apply,…
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Canadian Rents Fall: A 4.8% Decline | Get Your Mortgage for a LilLez!
Average asking rents in Canada dropped by 4.8% in Mid-Q1, reaching their lowest level since July 2023. Despite declines, rents remain 5.2% higher than in 2023 and 16.9% above pre-COVID levels.
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Canada Housing Market: Tariffs Stall Spring | Get Your Mortgage for a LilLez!
Canada’s spring housing market is slowing due to economic uncertainty and U.S. tariff concerns affecting buyers and sellers. Home sales dropped 9.8% in Mid-Q1, with prices declining 3.3% and new listings falling 12.7%.
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Mid-Q1 Home Sales Drop 10.4% Yearly | Get Your Mortgage for a LilLez!
In February 2025, home sales in Canada fell to their lowest level since November 2023 amid trade war uncertainty. February home sales ↓ 10.4% yearly and ↓ 9.8% MoM on a seasonally adjusted basis.
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Mortgage Renewal in 2025: How to Lock in the Best Rate and Avoid Payment Shock
Fixed mortgage rates have decreased recently, with many lenders lowering three- and five-year rates by 10 to 20 basis points due to falling bond yields and increased competition. In contrast, variable rates are becoming more expensive despite a recent reduction in the overnight rate, as lenders adjust discounts to maintain profit margins. With 1.2 million…
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Why Are Toronto’s Housing Starts Plummeting? | Get Your Mortgage for a LilLez!
Toronto's housing market is facing a sharp decline, with sales and new construction slowing significantly. The multi-unit housing sector in Toronto saw a steep drop, impacting overall housing start figures.
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Will Economic Woes Sink Toronto Homes? | Get Your Mortgage for a LilLez!
GTA Real Estate buyers have opportunities as sellers face growing pressure amid increasing listings and declining salesCondo sales are struggling, causing many new developments to stall due to insufficient pre-sales.
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