More mortgage stress
28/07/08 10:36 AM
High interest rates -
could force nearly a million Australian households
into a state of mortgage stress, by the end of this
year.
A new report - by Wizard Home Loans, and Fujitsu Consulting - suggests almost 840,000 households will face some form of mortgage stress, that's up by more than 60,000 from May.
Almost half of those households are considered to be under severe stress, meaning they're struggling to manage their level of debt, and meet loan repayments.
Click here for full story
A new report - by Wizard Home Loans, and Fujitsu Consulting - suggests almost 840,000 households will face some form of mortgage stress, that's up by more than 60,000 from May.
Almost half of those households are considered to be under severe stress, meaning they're struggling to manage their level of debt, and meet loan repayments.
Click here for full story
