Ouch !
"About one out of every five home loans at three big Canadian banks are now negatively amortizing"
"As things stand now, "only $23 goes to pay the capital of my mortgage & the rest is all in interest"
"Roughly 100,000 mortgages coming up for renewal in 🇨🇦 every month"
https://www.cbc.ca/news/business/mortgage-negative-amortization-1.6986214
Juan 🍁
npub1r3h…pk7y
2023-10-05 13:22:10
Author Public Key
npub1r3hrmdf7r62vwmrgxlx3trwky2ntklze6hz9crsesxvt7m3c7l7qynpk7yPublished at
2023-10-05 13:22:10Event JSON
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"tags": [],
"content": "Ouch ! \n\n\"About one out of every five home loans at three big Canadian banks are now negatively amortizing\"\n\n\"As things stand now, \"only $23 goes to pay the capital of my mortgage \u0026 the rest is all in interest\"\n\n\"Roughly 100,000 mortgages coming up for renewal in 🇨🇦 every month\"\n\nhttps://www.cbc.ca/news/business/mortgage-negative-amortization-1.6986214",
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}