Zanders & Associates Mortgage Brokers Inc.

Not good for your property tax! Better set a bit more aside! #Mortgage #refinance #purchase #mortgagebroker https://vancouversun.com//b-c-assessment-quietly-updates-2

Happy New Year 2021 to Everyone! This year has been particularly challenging for many people. It has been a year that brought up new situations, new conditions and things to cope with, tears and happiness. We have been fortunate to have been mortgage brokering since 1998 and have been through lots. Always we try to do the best for our clients. We have received many thank you cards and emails from our clients. Thank you for your trust in us and working together to help achieve your dreams and goals. We want to thank you very much for choosing and referring us as your mortgage broker! For 2021 we wish everyone much health, happiness and may all your dreams come true!

Thinking about a home renovation? You may have equity you can tap into. Typically on qualifying you can go up to 80% of the value of your home. #renovation #mortgage #refinance #equitytakeout #BC #Yukon https://www.cbc.ca//toron/covid-home-renovations-1.5856136

Residential Market Commentary - Autumn chill does not cool hot market First National Financial LP The Canadian home market remains robust as pent-up demand from the spring continued to unwind into the fall.... The November numbers from the Canadian Real Estate Association show sales hit another new monthly record, up 32.1% compared to a year ago. Month-over-month, sales slipped a modest 1.6% from October. The national average price for a home has now topped $603,000, a 13.8% increase from last November. Of course, the two busiest and most expensive markets in the country Toronto and Vancouver continue to skew that figure. When they are taken out of the calculation the national average price drops to about $481,000. A key component in the Toronto and Vancouver markets is showing a marked slowdown. Downtown condos have seen a sharp decrease in price acceleration. While single, detached homes and other ground-oriented housing experienced a 14.1% increase, condos rose 4.9%. CREA expects to see Canada’s national average home price rise by another 9% in 2021, to more than $620,000. The realtors say tight supply is driving prices. New listings were down by 1.6% in November holding the sales-to-new listings ratio at 74.8%. That is one of the highest levels ever recorded for the metric. The long-term average sales-to-new listings ratio is 54.2%. There were just 2.4 months of inventory on a national basis at the end of November 2020 the lowest reading on record for this measure.

https://vancouversun.com//031e9ff4-2ee1-4091-b722-7351027d

Concerns for debt going forward. If you are considering adding your debt to your mortgage to create better cash flow call us today! 1.877.638.3688 https://www.cbc.ca//bank-canada-economy-covid-19-1.5780703

Do you need more space? Space to create boundaries between work and home? If a move is in your picture give us a call to find out how much you can afford! Thank you @cbc for some good tips.

Are housing prices coming down? If you are thinking of a refinance to pay out high interest debts, now might be a good time to look at your options. Thank you @vancouversun for your article.

Staying or selling, either way these easy tweaks make a refresh on any room. thank you www.getpocket.com For information on your next #mortgage call us today 1.877.638.3688 or apply online www.zandersmortgages.com

Prices up and rates down! Will it continue? Thank you @cbc for your article.

Good article from @cbc