Why would an interest increase of 3% jeopardize so many real estate loans?

[user137]

@Wolverine

and the Fed Watchers , who were previously betting on 91% of a 0.75% FED rate increase (with 9% of 0.5%) next meeting are now pricing in an 18% chance of a +1% FED rate increase.

and it gets even scarier as you zoom out.

If the dollar arrives at 4.5-5%, where does that put the CHF? 2-3% Saron at 3.5%?
That’s a LOT of pain ahead, and a lot of people having trouble paying for their mortgage refinancing.