The Mortgage Group - Andy Vickers

Andy Vickers || June 05, 2024

What does today’s Bank of Canada rate cut mean for borrowers?

What does today's Bank of Canada rate cut mean for borrowers? Today's decision by the Bank of Canada to lower its key lending rate by a quarter point to 4.75% is welcome news for...

Andy Vickers || May 31, 2024

Economists: Q1 GDP Growth Slump Strengthens Case for June Rate Cut

The Bank of Canada now has more reason to pull the trigger on a rate cut when it meets next week following the release of Q1 GDP data. Data released by Statistics Canada on Friday showed...

Andy Vickers || May 24, 2024

Inflation eased in April in line with expectations

Canada's headline inflation rate slowed in line with forecasts, easing to a pace of 2.7% in April, Statistics Canada reported. The reading was in line with the consensus forecast and down...

Andy Vickers || May 22, 2024

Why a mortgage broker should be your first call at renewal time

Mortgage renewals can be daunting, especially in today’s high interest rate environment where the prospect of facing a payment shock is very real for many homeowners.But as mortgage brokers, we...