tense, nervous, mortgaged, page-2

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    "A quarter of Australian home borrowers will be under severe financial stress or forced to sell their homes if interest rates rise by another one per cent next year, research shows.

    An online survey of 2,268 adults conducted last month showed 75 per cent of home owners with a mortgage would suffer some form of financial stress if rates kept rising.

    One in 20 said they'd be forced to sell, with baby boomers under the most stress - 15 per cent of borrowers aged 50 to 65 years say they'd have to sell."

    http://www.businessspectator.com.au/bs.nsf/Article/Rate-rises-pressure-one-in-four-borrowers-B594L?OpenDocument&src=hp29

 
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