If there's a double interest rate rise this week, more borrowers become 'mortgage prisoners' - 05-Sep-2022
As banks impose tougher lending standards and interest rate hikes drive property prices down, more Australians who borrowed at the height of the pandemic housing boom will find themselves in a mortgage trap, unable to refinance.
Western Australia New South Wales Christopher Ladley Jacqueline Darkovska Sally Tindall Australian Prudential Regulation Authority
Source: nzcity.co.nz