Business
Survey reveals the extent of stress among mortgage holiday customers – The New Daily
More than one-quarter of home owners on a mortgage holiday worry they might not be able to resume payments next year, a new survey shows.
More than one-quarter of home owners on a mortgage holiday worry they might be unable to resume payments next year, a new survey shows.
About 500,000 home owners deferred mortgages during the height of the pandemic and almost half had resumed repayments by October, according to the Australian Banking Association.
But many people still on a mortgage holiday are stressed they wont be able to resume making principal-and-interest or even interest-only payments, according to financial comparison site…
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