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.
Interest Rates, Bond Yields, and Ontario's Real Estate Risks
In this episode, we begin with a welcome and an introduction, followed by a sponsor message from Real Approved Inc. We discuss the Bank of Canada's interest rate decision and its implications for the market, along with the rebound in Canadian 10-year government bond yields amid trade tensions. The importance of staying informed in the real estate and mortgage sectors is emphasized. We examine the resilience of Canadian banks and the risks present in Ontario's real estate market. The performance and growth of EQB in the mortgage sector are highlighted. The episode concludes with closing remarks and a sponsor reminder.
Key Points
- The Bank of Canada is expected to hold interest rates steady due to the economy outperforming expectations, providing stability for homeowners and businesses.
- The Canadian 10-year government bond yield has rebounded to 3.22 percent amid renewed trade uncertainty and soft economic data in the United States.
- EQB has shown significant growth in its uninsured single-family residential portfolio and reverse mortgage lending, despite a challenging macroeconomic environment.
Chapters
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| 11:28 |
Transcript
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