The Mortgage Group - Andy Vickers

Andy Vickers || August 07, 2018

Is a mortgage broker or a bank your best option?

A mortgage broker is an intermediary who works with multiple lenders and is paid a referral fee by the lenders. A bank mortgage officer represents only the products their institution offers. Mortgage...

Andy Vickers || July 31, 2018

Will homes be more affordable now that the market has cooled down in Victoria?

Homes are spending more time on the market and real estate sales are moving at a slower pace in Victoria.So, what does this mean?B.C.’s speculation tax, which will be imposed in the fall, is causing...

Andy Vickers || July 16, 2018

Fixed or Variable?

It’s the perennial question homebuyers ask themselves and one that’s getting a lot of attention these days: should I go fixed or variable?And the answer may have just become a little more complicated...

Andy Vickers || July 11, 2018

Bank of Canada Raises Key Lending Rate

This morning, the Bank of Canada (BoC) raised its policy rate another .25% bringing its benchmark interest rate to 1.5%, to keep a lid on inflation, whileacknowledging future hikes will be gradual...