Quote:
Originally Posted by Traum
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...  |
Getting awfully close to my trigger rate at another 1% so hopefully it stops there.