FSRA Actions, Bond Yields, and Trends in Canadian Housing Starts

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.