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ABC News

Business

data journalist Cath Hanrahan

Interest rate rises have plunged 170,000 more people into mortgage stress. Here's how to navigate the financial pinch

More than 500,000 home owners are now "at risk" of mortgage stress in NSW. (ABC News: John Gunn)

Financial counsellors are urging people hit by rising interest rates to seek help, with the latest increase plunging about 171,000 more home owners in Australia into mortgage stress.

The RBA raised interest rates for the 11th time in 12 months last week, taking the cash rate to 3.85 per cent.

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