What to do if you are about to become a ‘mortgage prisoner’ - Sydney Morning Herald

The upward march of official interest rates might succeed in curbing inflation, but it could also result in collateral damage to young borrowers who purchased property at the peak.

How many Australians have a spare $16,000 a year in their household budget, at a time when petrol is spiking at $2.39 a litre, power prices are rising $200-$400 a year and annual grocery bills are up… [+1565 chars]

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