Bidenomics! Mortgage Rates Hit 21-Year High, causing Monthly Payments to Skyrocket

It is all by DESIGN. Fool people into believing super low interest rates will be FOREVER as they can borrow a lot more at low interest rates for a house but just in the past 1.5 years Canadian & American interest rates have been aggressively INCREASED!

The private corporation known as The Federal Reserve (Not Federal and has no reserves) says raising interest rates is to "FIGHT INFLATION" (Which they created through money printing) but it is all part of the plan to BANKRUPT everyone who has a mortgage.

Image your monthly mortgage payment is $1,358 per month in August 2021 and only 2 years later your new mortgage (when you RENEW after your term expires) is @2,202 per month in August 2023. This is the trajectory of the interest rates since January 2022 of both the Federal Reserve & the Bank of Canada.