Episode 278
FSRA Actions, GTA Market Slowdown, and Trade Tensions Impact on Mortgages
Ontario Mortgage & Real Estate Insights Podcast · Sandy MacKay, Steve Hamoen
April 9, 202519m 4s
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Show Notes
In this episode, we start with an introduction and welcome, followed by a sponsor message from Real Approved Inc. We discuss FSRA's enforcement actions, including the revocation of Mortgage Smart Inc.'s license, and the notice of proposal against Tracy and Nino Scimeca for unauthorized mortgage activities. We provide updates on the rental market and examine the slowdown in the Greater Toronto Area housing market. The episode also explores the impact of US trade tensions on Canadian mortgage rates. We wrap up with closing remarks and a sponsor reminder from Real Approved Inc.
(0:00) Introduction and welcome
(0:21) Sponsor: Real Approved Inc.
(0:41) FSRA enforcement actions and revocation of Mortgage Smart Inc.'s license
(2:40) FSRA's notice of proposal against Tracy and Nino Scimeca
(5:05) Allegations of unauthorized mortgage activities
(8:37) Rental market updates
(11:37) Slowdown in the GTA housing market
(14:57) Impact of US trade tensions on Canadian mortgage rates
(18:20) Closing remarks and Sponsor: Real Approved Inc.