The Mortgage Group - Andy Vickers

Andy Vickers || March 27, 2023

Bank of Canada rate pause likely to continue as inflation falls to 5.2%

Inflation continued to trend downward in February, raising the odds that the Bank of Canada will once again leave interest rates untouched at its April meeting. The country’s Consumer Price Index...

Andy Vickers || February 23, 2023

Do mortgages vanish when people pass away?

The short answer is no. It may seem like a morbid thought, but the fact is, for most people, their mortgage is the largest debt they’ll carry in their lifetimes. As a result, many...

Andy Vickers || February 06, 2023

British Columbia’s “cooling-off period” now in effect

As of January 1, 2023, British Columbia became the first jurisdiction in Canada to implement a rescission period for real estate transactions, also known as a "cooling-off period.” The amendments...

Andy Vickers || January 30, 2023

Bank of Canada hikes rates by 0.25%, but is now likely to hit the pause button

The Bank of Canada delivered its eighth consecutive rate hike on Wednesday, January 25, but said it would likely now pause to assess the impacts of its rate hikes to date. As expected, the Bank...