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Tuesday, March 21, 2023

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Japanese homeowners face an unfamiliar headache: higher mortgages

TOKYO, Dec 22 (Reuters) – When salaryman Takayuki Nakamura bought his Tokyo home last year, he got a floating-rate mortgage at a rock-bottom 0.35% and an assurance from the real estate agent that rates weren’t going anywhere. After this week, he’s not sure. “On Tuesday, all of a sudden I’m hearing …

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