More mortgage stress

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.

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