> People aren't going to go bankrupt if their mortgages go back to 4-5% instead of 2-3% I'd wager that there are more people that cannot afford the costs of se

> People aren't going to go bankrupt if their mortgages go back to 4-5% instead of 2-3% I'd wager that there are more people that cannot afford the costs of servicing their mortgages doubling, than those that can. It may not result in backruptcy, but it may result in them defaulting on their mortgages and literally losing the roof over their heads.