Mortgage stress set to rise with interest rates and recent home buyers will be hit hardest - ABC News

Interest rates are rising overseas and Australia is almost certain to follow soon. But are borrowers prepared for higher repayments as record low mortgage rates disappear?

Interest rates are already rising in many countries and are almost certain to rise in Australia sometime this year. But how prepared are heavily indebted households, especially those who just paid to… [+10759 chars]

full article...