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 Hosts01:27 Market Trends and Real Estate Insights04:48 Navigating Mortgage Renewals08:06 Understanding Economic Influences on Rates15:27 Current Inflation and Housing Market Dynamics19:56 Predictions for the Spring Market23:36 Upcoming Guest and Mood BoostsGet in touch with us!Paul Stevenson - Mortgage Agent Level 2CENTUM Financial Services LPEmail: [email protected]: 1-613-263-4543https://www.paulstevenson.caDavid Warren - Mortgage Agent Level 2Referral MortgagesEmail: [email protected]: 1-613-686-6003https://www.referralmortgages.comIf you have a question or topic you'd like to hear us discuss send us an email at: [email protected] 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.https://www.easyneonsigns.ca Use code TOREP and get 20% off all your orders. (This is an affiliate link).