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  1. J

    Slapped by a 9.5% interest rate after fixed pricing of condo loan ended

    @matveyk Correct. OP, if banks can get 7% risk free, why would they charge less than 7% from you who’s riskier? They’ll demand a risk premium, and somehow, they arrived at 9.5%. That’s part of the risk you take when you get a loan. You’re subject to repricing, and in a high-rate macro...
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