The Mortgage Group - Andy Vickers

Andy Vickers || September 04, 2024

Bank of Canada cuts policy rate to 4.25%

The Bank of Canada has dropped its policy rate to 4.25%, cutting it by 25 basis points this morning. This marks the third consecutive rate reduction by the central bank this year,...

Andy Vickers || August 22, 2024

Understanding the costs of buying, selling, and refinancing a home in Canada

What are closing costs in a real estate transaction?Closing costs are the fees and expenses that must be paid when a transaction is finalized. They encompass a wide range of charges depending on which...

Andy Vickers || August 20, 2024

Inflation continued to ease in July

Canada's headline inflation rate slowed to a pace of 2.5% in July, Statistics Canada reported. The reading was in line with expectations and was down from June's headline figure of 2.7%. The...

Andy Vickers || August 01, 2024

Latest GDP numbers: What they mean for the Bank of Canada's next rate decision

It's been a little over a week since the Bank of Canada delivered its second consecutive rate cut, but markets are already looking ahead to the next rate decision in September. This week,...