A "mortgage cliff" is around the corner, Australian households are under "mortgage stress" Source: iStockphoto / CreativaImages/Getty Images/iStockphoto
Home loan repayments are hitting households harder than ever, taking up a bigger portion, nearly 50% of household income. These households are considered under what it calls "mortgage stress".Listen to this SBS Sinhala explainer for more information.
Home loan repayments are hitting households harder than ever, taking up a bigger portion, nearly 50% of household income. These households are considered under what it calls "mortgage stress".Listen to this SBS Sinhala explainer for more information.
HIGHLIGHTS
This Mortgage stress will increase as the 2% low-interest rates offered from the banks for the fixed rates in 2020 are supposed to end this year or next year
A "mortgage cliff" is around the corner, Australian households are under "mortgage stress" Here's what so you need to know.
