I am one among many who feel the burden of high mortgage rates. It's not just about numbers and percentages, it's about real people struggling to make ends meet. The pain of others resonates with me deeply, and I believe that we can make a difference together. Here is the true scenario. 

Mortgage Amount                      $ 1,265,000        $ 800,000
Interest Rate                                         2%                 6.5%
Amortization                                    25 years          25 years 
Interest per 5 years term             $  116,093         $ 245,159     
Total Interest                               $  341,000         $ 800,572
Monthly Payment                        $ 5,356.66        $ 5,358.60

We are seriously misled by the slogan that the interest rate hike is to lower the home prices. But we would be paying almost triple the amount of interest if we don’t take action now. Sign this petition to let the Bank of Canada and the Federal government to reverse the interest rates.