Andy Vickers - TMG Mortgage Professional

09/17/2025

The Bank of Canada has lowered its policy rate by 25 basis points—its first change since July and the lowest level since September 2022. With a softer economy and easing inflation pressures, this move is expected to prompt most major lenders to drop their prime rates to 4.70%. This is good news for anyone with a variable rate mortgage or Home Equity Line of Credit. The next Bank of Canada meeting is October 29th.

03/19/2025

Working on some new branding 🏠✅. Let me know what you think 👍🏼👎🏼

03/12/2025

The Bank of Canada has lowered its policy rate by 25 basis points to 2.75%, marking the seventh straight cut since last summer. The goal? To ease borrowing costs for Canadians, even as trade tensions continue to impact spending and investment.

Most lenders are expected to follow suit, with prime rates likely dropping to 4.95%— a welcome shift for many variable-rate mortgage holders.

As always don’t hesitate to reach out with any questions. If you would like to book a call to discuss your options please click on the calendy.com/avickersmortgage link in my bio.

04/19/2024

Wow, time flies when you’re having fun!😆 Thank you TMG for 10 years of support!🧡 Thank you to all my clients, lenders and referral partners!🧡. Thank you to my .🧡 I look forward to working together for many years to come!

🇨🇦

03/12/2024

Ask Me Anything!
Have questions about real estate but not sure where to start?

Have questions about mortgage but not sure where to start?

03/06/2024

No change just yet! The Bank of Canada held its overnight target rate at 5% today.

The next BoC rate announcement is April 10th.

02/21/2024

Mortgage news! The rate of inflation has come down from 3.3% to 2.9%, narrowing in on the 2% target. This is another small step in the right direction. Easing cost will slowly provide relief for many Canadians. Let’s hope the Bank of Canada will soon follow! As always, don’t hesitate to reach out with any questions.

02/20/2024

B.C. home sales report first gain in six months as retail sales slow
Contact me to discuss the latest scoop in real estate!

02/18/2024

Happy Family Day

02/18/2024

Greater Victoria sets new homebuilding record
Contact me to discuss the latest scoop in real estate!