Borrowers could be stuck in 'mortgage prisons' as house prices drop | news.com.au — Australia's leading news site - news.com.au

<p>Homeowners who bought their properties at the height of the housing boom could now face being locked into &ldquo;mortgage prisons&rdquo; as interest rate hikes bring property prices down.</p>

Homeowners could find themselves stuck in mortgage prisons as interest rate rises drive property prices down across Australia.Homeowners who bought their properties at the height of the housing boom … [+6083 chars]

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