ABC News (Australia) published this video item, entitled “As fixed mortgages end and rates rise, many risk losing their homes | The Business | ABC News” – below is their description.
Almost 40 per cent of Australians with mortgages who have locked in ultra-low fixed interest rates will roll off them as soon as next year. If more people default on their home loans, economists warn that could create financial system instability.
ABC News (Australia) YouTube Channel
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