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Interest rates and inflation: Mortgage payment shocks

From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it s been hard to keep up with the shifting landscape for mortgage holders.

Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook | iNFOnews

TORONTO, Australia - From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it’s been hard to keep up with the shifting landscape for mortgage holders.

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