Episode 345
FSRA Actions, Bond Yields, and Trends in Canadian Housing Starts
Ontario Mortgage & Real Estate Insights Podcast · Sandy MacKay, Steve Hamoen
June 17, 202518m 16s
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Show Notes
In this episode, we start with a sponsor message from Real Approved Inc. and dive into FSRA's suspension of ZK Financial Inc.'s license due to regulatory violations, stressing the importance of transparency in the mortgage industry. We discuss the trend towards variable-rate mortgages amid economic uncertainty and the effects of rising bond yields on mortgage rates and the economy. We also analyze the rise in Canadian ten-year government bond yields and housing start trends. Toronto condo sales reflect market volatility, and we spotlight Neighbourhood Holdings' program for self-employed borrowers. The episode wraps up with closing remarks and a sponsor reminder.
(0:00) Introduction and Sponsor: Real Approved Inc.
(0:40) FSRA suspends ZK Financial Inc.'s license and Renkai Lin's violations
(3:25) Transparency and accountability in the mortgage industry
(3:45) Economic uncertainty prompts shift to variable-rate mortgages
(5:32) Bond yields' impact on mortgage rates and economic outlook
(7:15) Canadian ten-year government bond yield increase
(9:33) Trends in Canadian housing starts data
(12:03) Toronto condo sale highlights market volatility
(14:49) Neighbourhood Holdings program for self-employed borrowers
(17:31) Closing remarks and Sponsor: Real Approved Inc.