What happens to mortgages during high inflation?
Yes, you are absolutely right. For this we have to balance our budgets and take simple investment advices.
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Inflation and mortgage rate tends to slide during inflationary times, and then create an impact of that trend on the prices of mortgage bonds.At the time of purchasing people often forget the importance of inflation. They look at the cost of mortgage payments and how expensive they are. But, these mortgage payments may decline in real terms.