Episode 458
Mortgage Costs, Toronto Condos, and OSFI's Fall Outlook
Ontario Mortgage & Real Estate Insights Podcast · Sandy MacKay, Steve Hamoen
October 11, 202513m 45s
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Show Notes
The episode begins with a welcome and introduction, followed by a mention of the sponsor, Real Approved Inc. Discussions focus on the impact of rising mortgage costs on delinquencies and home budgets. Concerns in the Toronto condo market are addressed, along with advice for those renewing mortgages. The episode provides regulatory insights from OSFI's fall outlook and the Bank of Canada's interest rate decisions. The concept of postal banking in Canada is explored as a potential alternative financial service. The episode concludes with closing remarks and a reminder of the sponsor.
(0:00) Welcome and introduction
(0:21) Sponsor: Real Approved Inc.
(0:41) Rising mortgage costs, delinquencies, and home budgets
(2:55) Toronto condo market concerns and advice for mortgage renewal
(4:06) Regulatory insights: OSFI's fall outlook and BoC's interest rate decisions
(10:01) Exploring the concept of postal banking in Canada
(13:00) Closing remarks and sponsor reminder