
Interest Rates, GTA Market, and FSRA Updates
In this episode, we begin with an introduction and a discussion on the key interest rate, followed by a sponsor message from Real Approved Inc. We dive into the ongoing debate surrounding the mortgage stress test and provide an update on the Greater Toronto Area market. The conversation continues with an update on FSRA's recent enforcement actions. We highlight CMP's Top 75 Brokers of 2025, offering insights into their achievements. The episode concludes with closing remarks, acknowledgments, and a final sponsor message from Real Approved Inc.
Key Points
- The Bank of Canada is holding the key interest rate steady despite rising core inflation, indicating a cautious approach to economic management.
- The debate over the mortgage stress test continues, with discussions around reducing or eliminating it to increase purchasing power for potential homebuyers.
- The Financial Services Regulatory Authority is taking firm enforcement actions to ensure compliance and maintain integrity within the insurance and mortgage sectors.
Chapters
0:00 | |
0:21 | |
2:25 | |
5:07 | |
7:25 | |
10:33 | |
13:18 | |
14:02 |
Transcript
Loading transcript...
- / -