Ontario Mortgage & Real Estate Insights Podcast
We cover the daily developments, trends, and regulatory changes affecting the industry, powered by an AI Steve Hamoen. Get insights sourced from reputable news outlets to help you stay informed and make well-informed decisions.
Ontario Real Estate Scandals, Mortgage Insights, and Housing Developments
In this episode, Steve Hamoen begins with a welcome and introduction, followed by a sponsor message from Real Approved Inc. We discuss the Ontario government's and RECO's actions regarding the iPro Realty scandal, along with OREA's reaction and their calls for an investigation. The episode covers Canadians' expectations for interest rates and explores various mortgage strategies. We provide legal updates on the Nautique waterfront condo ownership dispute and share news about housing development involving the Upper Hammonds Plains Co-operative. The episode wraps up with closing remarks and a sponsor reminder from Real Approved Inc.
Key Points
- The Ontario government has put the Real Estate Council of Ontario on notice due to the iPro Realty scandal involving the illegal disbursement of $10.5 million from consumer deposit and commission trust accounts.
- A recent TD Bank-commissioned survey reveals that Canadians are divided on future interest rate expectations, highlighting the uncertainty and complexity in mortgage decision-making.
- The groundbreaking ceremony for a 136-home Housing Co-operative in Upper Hammonds Plains, Nova Scotia, backed by over $61 million in federal funding, aims to address housing challenges while preserving African Nova Scotian culture and heritage.
Chapters
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| 12:59 |
Transcript
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