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Traum · 06-15-2022, 10:15 AM

I was just talking to my wife last night about how our mortgage payments (dollar amounts) have increased by ~10% now, compared to the lowest amount we were paying before rate hikes started. And then when I woke up this morning, I saw the US Feds raising rates by 75 pts.

I was expecting BoC to do another two 50 pts hikes by the end of the year. I think the US is seeing higher inflation than we are here, but with the US Feds doing a 75 pts hike now, I suspect we're gonna see more than an overall 1% hike by the end of the year now...

06-15-2022, 10:15 AM	#22656
Traum RS.net, helping ugly ppl have sex since 2001 Join Date: Aug 2007 Location: Paradise, BC Posts: 8,386 Thanked 8,153 Times in 3,391 Posts Failed 262 Times in 148 Posts	I was just talking to my wife last night about how our mortgage payments (dollar amounts) have increased by ~10% now, compared to the lowest amount we were paying before rate hikes started. And then when I woke up this morning, I saw the US Feds raising rates by 75 pts. I was expecting BoC to do another two 50 pts hikes by the end of the year. I think the US is seeing higher inflation than we are here, but with the US Feds doing a 75 pts hike now, I suspect we're gonna see more than an overall 1% hike by the end of the year now...