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Record numbers under mortgage stress

AFR  |  02 May 2017  |  Economics


Record numbers of Australian households face mortgage stress as large loans and rising interest rates start to bite, according to detailed analysis of lending, repayments and household incomes.

Affluent suburban postcodes feature among an estimated 1000 households a week expected to face mortgage default over the next 12 months, the analysis reveals.

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Read More: http://www.afr.com/personal-finance/record-numbers-under-mortgage-stress-20170501-gvw2vt

 

 

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