Mortgage interest rates have risen this much in half a year. What I am thinking as a property owner with a variable rate mortgage
Entering October, mortgage interest rates have risen across the board. The trigger was the Bank of Japan’s decision on September 18 to raise the policy interest rate to 1.25%. The policy rate has continued to rise every three to six months, from 0.75% last December to 1% this June.
I personally own two studio apartments in Tokyo with variable rate mortgages.