Shimona & Associates

We are Your Mortgage Experts. Our goal is to make your home financing process simple and stress free. Call us at 604.576.1412

[Shimona & Associates @YourMtgExperts]

I am extremely humbled and thankful to have achieved National Top 1% and National Top 20 Teams recognition. A huge thank you to our incredibly loyal clients, referrals and lending partners! #mortgagebroker #cloverdale

[Shimona & Associates @YourMtgExperts]

The Bank of Canada held its benchmark interest rate steady on Wednesday, noting that record high inflation is showing signs of cooling down. https://t.co/ytAAKROVGr

[Shimona & Associates @YourMtgExperts]

B.C. will introduce laws to protect consumers in the province’s hot real estate market, including cooling-off periods. They will also look into other potential protection measures, including fixing the blind bidding system and condition waiving in offers. https://t.co/jnSaY0XEQG

[Shimona & Associates @YourMtgExperts]

The Bank of Canada is keeping its key interest target on hold at 0.25 per cent as it says inflation now appears stronger and more persistent than expected. https://t.co/Mbw5v57Z6l

[Shimona & Associates @YourMtgExperts]

Critics of the blind bidding process for real estate are pushing for what they say are viable alternatives that could create a better system for both sellers and buyers. https://t.co/vDrk8XkVHc

[Shimona & Associates @YourMtgExperts]

The record demand for real estate caused by the COVID-19 pandemic has pushed builders to pump out more home starts than they have in more than four decades. https://t.co/t90FvHnQB8

[Shimona & Associates @YourMtgExperts]

The Canadian Real Estate Association says that Canada’s housing market has been floating between pre- and peak-pandemic levels during 2021’s final summer months, but conditions still remain fairly unbalanced. https://t.co/VBZAoVoDQc

[Shimona & Associates @YourMtgExperts]

The Bank of Canada kept its key interest rate target on hold Wednesday as it warned the fourth wave of the pandemic and supply bottlenecks could weigh on the economic recovery. https://t.co/AiSAbq5Iut

[Shimona & Associates @YourMtgExperts]

Canada’s housing market is currently dealing with a shortage of available properties for sale, including in the Greater Vancouver Area, one of the country’s most active real estate regions. https://t.co/I5q1lwiVRc

[Shimona & Associates @YourMtgExperts]

Condominium markets in some of Canada’s biggest cities have rebounded strongly this year, and agents and analysts say the market could once again return to pre-pandemic red-hot conditions as rental demand surges and inventories evaporate. https://t.co/9pzqPyQSsV

[Shimona & Associates @YourMtgExperts]

Metro Vancouver home sales were down slightly while pricing remained steady in July, according to the latest Real Estate Board of Greater Vancouver report. https://t.co/feCGClC8wf

[Shimona & Associates @YourMtgExperts]

A recent report noted that historically low interest rates appear to have spurred many first-time buyers on during the pandemic. https://t.co/NyXYx77OrJ

[Shimona & Associates @YourMtgExperts]

The number of new listings coming onto the Vancouver market has been on a decline, a trend that could alter market activity in the coming months, according to new insights. https://t.co/fiyEepG9px

[Shimona & Associates @YourMtgExperts]

Home sales were still 13 per cent higher than this time last year and in fact were still the strongest June on record — a sign of just how red-hot housing was earlier this year. https://t.co/NnHyKZeWzZ

[Shimona & Associates @YourMtgExperts]

The Bank of Canada kept its benchmark interest rate steady at 0.25 per cent on Wednesday, noting that while the economy is improving in line with vaccinations, the spectre of coronavirus variants makes the recovery uncertain. https://t.co/SxM3v1udHH

[Shimona & Associates @YourMtgExperts]

Last month, housing market activity in Metro Vancouver continued to dial back from the record-setting levels seen in March and April, easing the region into a calmer pace at the beginning of the summer. https://t.co/cUgdDribiM

[Shimona & Associates @YourMtgExperts]

The average selling price of a BC home was $900,980 in May, up more than 25 percent, or $189,800, from the same month last year. https://t.co/lW0NjgM5P9

[Shimona & Associates @YourMtgExperts]

Home sales across the country are starting to fall back from highs seen earlier in the year, but the Canadian Real Estate Association still expects the number of transactions during 2021 to set a new record. https://t.co/oe4sumK41w

[Shimona & Associates @YourMtgExperts]

Looking to purchase, finance or renew your mortgage? Contact us today for help answering any of your questions!

[Shimona & Associates @YourMtgExperts]

The Bank of Canada decided to keep its benchmark interest rate steady at a record-low 0.25 per cent on Wednesday. The key lending rate has been on hold at its rock-bottom level since the onset of the pandemic last year. https://t.co/pcDT9fwef1

[Shimona & Associates @YourMtgExperts]

The record-setting pace of home sales in the Vancouver market seen in the early months of the year died down in May. While May’s total was down on a monthly basis, transactions soared 187 percent over the same month last year. https://t.co/S54Vf954dh