As fixed mortgages end and rates rise, many risk losing their homes - ABC News

Almost 40 per cent of Australians with mortgages who have locked in ultra-low fixed interest rates will roll off them as soon as next year, raising fears that more people will default on their loans, creating financial system instability.

Sarah Ibrahim is worried about what will happen when her fixed rate ends in January. Ms Ibrahim and her partner took on a home loan of more than $1.5 million in Sydney, with a deposit of 10 per cent… [+12823 chars]

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