Industry Updates, Debt Trends, and Mortgage Rate Insights

In this episode, the introduction includes a sponsor message from Real Approved Inc. The discussion begins with RECO's actions against iPro Realty and the broader implications for the real estate industry. RBC's report on Canadian household net worth and emerging market trends is analyzed. We explore debt trends, focusing on servicing costs and debt-to-income ratios. Insights from Equifax Canada's survey on refinancing and lender switching are shared. The episode includes a mortgage rate update, highlighting the best fixed and variable rates currently available. The episode concludes with closing remarks and a sponsorship reminder from Real Approved Inc.