1.4 million Aussies feared at risk of mortgage stress after double rate whammy

1.4 million Aussies feared at risk of mortgage stress after double rate whammy

More than 1.4 million Australians are feared to be at risk of mortgage stress after rates were hiked for the second time this year.Roy Morgan research published today has found the Reserve Bank's decision to increase rates by 0.25 per cent in February raised the number of households at risk of mortgage stress by 1 per cent to 1.3 million people.That figure is expected to rise again by 1.7 per cent to 1.4 million people – a quarter of all mortgag…