Mortgage Renewals Are About to Get Expensive: Here's Why
Mortgage renewals could be the most expensive financial decision you have ever made without even realizing it. We are in a rate environment where even the experts admit predictions over three to five years are essentially guesswork. In this episode, we break down what is actually driving mortgage rates in Canada right now, why global events you would never think to connect to your monthly payment are quietly shaping what you will owe at renewal, and what Ottawa homeowners need to be thinking about before they sit down with their lender.
00:00 Introduction to the Podcast and Hosts
01:27 Market Trends and Real Estate Insights
04:48 Navigating Mortgage Renewals
08:06 Understanding Economic Influences on Rates
15:27 Current Inflation and Housing Market Dynamics
19:56 Predictions for the Spring Market
23:36 Upcoming Guest and Mood Boosts
Get in touch with us!
Paul Stevenson - Mortgage Agent Level 2
CENTUM Financial Services LP
Email: paul@paulstevenson.ca
Phone: 1-613-263-4543
David Warren - Mortgage Agent Level 2
Referral Mortgages
Email: david@referralmortgages.com
Phone: 1-613-686-6003
https://www.referralmortgages.com
If you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below!
New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com
Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group, Easy Neon Signs and A to Z Cleaning Expert.
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