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.
Toronto Market Trends, Neighbourhood Holdings Deal, and Reverse Mortgage Insights
The episode begins with a welcome and introduction, followed by a sponsor mention for Real Approved Inc. It covers Neighbourhood Holdings' acquisition of Fisgard Asset Management and discusses Home Trust's launch of the new EquityAccess reverse mortgage. An overview of Toronto's real estate market is provided, highlighting current trends and conditions. A property spotlight segment features a roundup of notable listings. The episode concludes with closing remarks and a reminder of the sponsor.
Key Points
- Neighbourhood Holdings' acquisition of Fisgard Asset Management creates one of Canada's largest alternative mortgage lenders, significantly impacting the market with over $750 million in assets under management.
- Home Trust's new reverse mortgage product, EquityAccess, targets Canada's aging population, offering a tax-free way to access home equity without monthly payments, which could reshape retirement financing.
- Toronto's real estate market shows varied opportunities with properties like bungalows and condos at competitive prices, reflecting a dynamic landscape where buyers need to be strategic and informed.
Chapters
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| 9:36 |
Transcript
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