Episode 465
Mortgage Rates Rise, FSRA Actions, and Canadian Housing Trends
Ontario Mortgage & Real Estate Insights Podcast · Sandy MacKay, Steve Hamoen
October 18, 202515m 21s
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Show Notes
The episode begins with an introduction and welcome, followed by a sponsor mention for Real Approved Inc. It delves into the recent mortgage rate increases and examines the Bank of Canada's influence. The discussion highlights the challenges and projections for mortgage renewals amid high interest rates. Trends in Canadian housing starts are explored, alongside regulatory actions with penalties on former mortgage agents by FSRA. The Bank of Canada's stance on the labor market is discussed. The episode concludes with closing remarks and a sponsor message.
(0:00) Introduction and welcome
(0:22) Sponsor: Real Approved Inc.
(0:41) Recent mortgage rate increases and Bank of Canada's impact
(2:26) Challenges and projections for mortgage renewals at high interest rates
(6:12) Trends in Canadian housing starts
(8:46) Regulatory actions: Penalties on former mortgage agents by FSRA
(11:54) Bank of Canada's stance on the labor market
(14:38) Closing remarks and sponsor message