Feeling stuck with a ‘forever mortgage’? We want to hear how rising debt is affecting you

In this episode, we start with a welcome to the Ontario Mortgage & Real Estate Insights Podcast, followed by a sponsor message from Real Approved Inc. We delve into the challenges of 'forever mortgages' and the rising homeowner debt, examining how central bank policies are affecting mortgage payments and contributing to financial strain. Equifax Canada's report on the high cost of living and its impact on mortgages is discussed. We explore strategies for mortgage renewals and refinancing in 2024. The episode concludes with encouragement and resources for homeowners, along with a closing sponsor reminder from Real Approved Inc.