Rate rise traps young home loan borrowers as stress tests near 10pc
Data from Equifax shows demand for refinancing to a different lender is down by 14.2 per cent among 26- to 35-year-olds, but higher for older mortgagors.
Reported by The Australian Financial Review. We will add other newspapers as they cover it.
How the newspaper covers this story
Rate rise traps young home loan borrowers as stress tests near 10pc
Data from Equifax shows demand for refinancing to a different lender is down by 14.2 per cent among 26- to 35-year-olds, but higher for older mortgagors.
