Why Homeowners Are Struggling With Mortgage Renewals in Ottawa | BAM Episode 16

In Episode 16 of *BAM Podcast*, Ottawa real estate experts Omar, Rabieh, and Elliott discuss how the COVID-19 pandemic reshaped Ottawa’s housing market and why certain changes are here to stay. They explore how low interest rates and lockdowns sparked a housing boom, the impact of inflation, and the challenges homeowners face with rising interest rates on mortgage renewals. This episode dives into the myths around housing affordability, shifting market demand, and practical tips for navigating today’s real estate landscape. 🔑 **Key Takeaways**: - How the pandemic lockdowns and low rates created an unexpected real estate surge. - The rise in mortgage renewals and what it means for homeowners in today’s market. - Myths about housing affordability and what buyers should know. - Strategies for balancing lifestyle and investment in Ottawa’s shifting market. 🔹 Stay Connected: Subscribe to our channel for more episodes. Like this video if you find our tips helpful. Comment below with your questions or topics you'd like us to cover in future episodes. 🔹 Follow Us: Our Website: https://www.lotfulrealty.com Instagram : https://www.instagram.com/lotfulrealty Omar: https://instagram.com/everythingrealestate Elliott: https://instagram.com/elliottct.realestate Rabieh: https://instagram.com/rabiehnassrallah #BAMPodcast #OttawaRealEstate #PandemicImpact #HousingMarket2024 #BAMPodcast #RealEstate2024 #OttawaHousing #PandemicEffect #InterestRates #MortgageRenewals #HousingMarket #RealEstateAdvice #OttawaRealtors #HousingAffordability #PropertyInvestment #MarketTrends #CanadianRealEstate #InvestmentProperties #FinancialFreedom #HomeownershipJourney #RealEstatePodcast #HousingCrisis #BuyersMarket #OttawaInvestments