America as a Negative Amortization Nation Grossman Financial Form

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so the Bank of Canada just announced something that every variable rate mortgage holder in the country was ecstatic to hear interest rates aren't going up just seconds ago all right we are confirming from the Bank of Canada uh that they are in fact pausing their rate decision it's four and a half percent and that's huge because it feels like all they've done is go up over the last three years from almost nothing at 0.25 in 2020 to 4.5 percent today I've never seen this before and I'd have to check the records but it's up 100 basis points that means the overnight uh interest rate by the Bank of Canada is up up to 2.5 percent interest rates are moving higher again today the Bank of Canada hiked its key rate to 4.25 percent it hasn't been that high since January 2008. another interest rate hike and a new message we've raised rates rapidly so this is a much needed Financial breather but here's the problem this does little to help all of those people out there who've been so buried by their