Rate Decisions, Mortgage Insights, and Housing Market Trends

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Rate Decisions, Mortgage Insights, and Housing Market Trends

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The episode kicks off with an introduction and sponsor mention. It covers the Bank of Canada's rate decision and industry reactions, explores U.S. trade policies' impact on Canada's economy, and discusses future interest rates and inflation. A mortgage market update reviews changes in arrears rates and volume. TransUnion's consumer debt insights and an FSRA advisory on private mortgage risks are shared. Challenges for first-time homebuyers and market trends, including new-home sales in the Greater Toronto Area, are examined. The Fraser Institute's take on the housing affordability crisis is discussed. The episode concludes with closing remarks and a sponsor reminder.

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