Boiling frog VS showering outdoors in Antarctica

At the end of this month, many Swedish borrowers who previously had a fixed mortgage rate that was negotiated 5 years ago will be paying almost 5 times the interest cost from one month to the next.

My husband and I have always had variable interest rates on our mortgages. We invested the difference between the actual interest expense and the interest expense we considered healthy in the stock market over many years.

The cold shower these households will feel, assuming they haven't acted in the same way as us, will be brutal. A cold shower equivalent to showering outdoors in Antarctica, while those of us who have had variable interest rates in recent years are more like a boiling frog.