The Mortgage Group - Andy Vickers

Andy Vickers || January 09, 2025

Charting the mortgage market: a 2024 recap and a look ahead to 2025

First off, I'd like to wish you and your loved ones a Happy New Year! I was fortunate enough to spend the holidays with my family in Asia this year. We visited family in Cambodia, spent a week in...

Andy Vickers || December 13, 2024

Bank of Canada cuts policy rate by another 50 basis points

The Bank of Canada has done it again—cutting its policy rate by another 50 basis points on Wednesday. This brings the total rate reductions in 2024 to 175 basis points (1.75 percentage points),...

Andy Vickers || November 28, 2024

Inflation ticks up in October: what it means for you

Canada's inflation rate was back on the rise in October, climbing to an annualized pace of 2.0% –– up from 1.6% in September. The rise was mainly driven by higher gas prices,...

Andy Vickers || October 24, 2024

Bank of Canada's fourth consecutive rate cut brings more relief to borrowers

The Bank of Canada delivered a 50-basis-point (bps) rate cut on Wednesday, bringing its policy rate to 3.75%, its lowest level in two years. This marks the fourth straight...