Mortgage Rates on the rise

In the news today. Rising interest rates make it more expensive to borrow money from lenders.

Well, truth be told, interest rates had to rise sooner or later. The thing is when a person takes out a mortgage, they have to plan for these things. I wonder what would happen if they raised the interest rates back up to 18 % like I had to pay years ago when I bought my farm. We struggled, but we made it work.

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