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As interest rates rise, more people fall into a mortgage trap
As banks impose tougher lending standards and interest rate hikes drive property prices down, more Australians are finding themselves in a mortgage trap, unable to refinance their home loans.
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By [email protected] (ABC News)As banks impose tougher lending standards and interest rate hikes drive property prices down, more Australians are finding themselves in a mortgage trap, unable to refinance their home loans.