Ouch !
"About one out of every five home loans at three big Canadian banks are now negatively amortizing"
"As things stand now, "only $23 goes to pay the capital of my mortgage & the rest is all in interest"
"Roughly 100,000 mortgages coming up for renewal in 🇨🇦 every month"
https://www.cbc.ca/news/business/mortgage-negative-amortization-1.6986214