What is the definition of Interest Rate Now Mortgage?

The phrase "interest rate now mortgage" is like the financial equivalent of a rollercoaster ride, but instead of loops and corkscrews, it's about the cost of borrowing money. It's basically a fancy way of saying, "Hey, you want to buy a house? Just remember, the price tag keeps going up, and you're paying more and more for every dollar of interest added to the mortgage."

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Now, here's an unsettling example sentence: "With interest rates soaring now, the mortgage market is turning into a high-stakes game of 'Who Can Afford to Fall Off the House?'"