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The Guardian - AU
The Guardian - AU
National
Rafqa Touma

Australia’s looming mortgage stress crisis: what the nine interest rate rises mean for households

Tiny Female Character with Huge Calculator and Percent Symbol at House with Gold Coins
Tips for coping with mortgage stress: call your lender, avoid further debt and prioritise other bills.

Photograph: lemono/Getty Images/iStockphoto

As the Reserve Bank makes its ninth interest rate rise in a row, homeowners are anticipating further hikes in mortgage repayments and financial counsellors are urging them to brace for mortgage stress.

What is mortgage stress?

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