Japanese homeowners face an unfamiliar headache: higher mortgages
"It's kind of obvious that I'm going to end up paying more." The Bank of Japan whipsawed global financial markets when it said on Tuesday it would allow rates to rise a little more, signalling a potential end to ultra-low rates and easy money after decades of trying to revive the world's No.3 economy. Like Nakamura, many Japanese fear they may eventually start paying more for mortgages.
Source: devdiscourse.com