Scots are facing their highest mortgage rates in 15 years after they rose again on Tuesday.
The average two-year fixed-rate residential mortgage is now even higher than it was after Liz Truss' disastrous mini-budget.
This means that Scots going onto new mortgage deals are likely to pay hundreds of pounds more a month, according to bank bosses.
Labour estimated last week that over half a million Scottish households will re-mortgage before 2026, meaning they will face an increase in monthly payments.
The typical two-year rate reached 6.66 per cent today. This was up from 6.63 per cent on Monday, according Moneyfactscompare.co.uk.
The last time two-year rates were higher was in August 2008. This was shortly after the global financial crash.
The average two-year fixed-rate mortgage hit a peak of 6.65 per cent in October, amid the chaos which followed the mini-budget.
Santander bank mortgage director Bradley Fordham told the House of Commons treasury committee that mortgage customers coming off deals and going on to new ones are seeing payment increases of “over £200 per month”.
The SNP and Labour slammed the Tories for doing little to solve the problem.
SNP housing spokesperson Chris Stephens said: "The Tories and pro-Brexit Labour have trashed the UK's economy, leaving hard working families right across these isles struggling to make it through the month.
"Housing is a basic fundamental right, but due to continued Westminster control, the likelihood of owning your own home is now nothing more than a distant dream for millions of people.
"It's high-time the UK government take action on what is now a monumental housing crisis.
"No homeowner or renter should be at risk of losing their home or falling into debt through the fault of more Westminster economic mismanagement.
"However, only by voting SNP at the next general election will voters be offered a real alternative through independence - ridding Scotland of Westminster control once and for all."
Labour had predicted last week that 546,600 households in Scotland will re-mortgage by 2026, and those that do so next year will pay an average of £190 more a month.
The party's shadow Scotland Secretary Ian Murray said: “There are 1.13m people already directly affected by the Tory mortgage premium since they crashed the economy and it grows by 4,000 a day.
"It’s costing households thousands of pounds. The latest rise in mortgage rates will make this worse and affect rents too.
"The country can no longer afford this Tory government after 13 years of failure. It’s time for a labour government.”
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