Not in their interest: The home loan borrowers that have been left out to dry

By Elizabeth Knight
Updated June 25 2017 - 9:42am, first published 9:37am
Hitting the heartland: The overall effect of the latest round of home loan interest rate rejigs will be to improve bank earnings. Photo: Michele Mossop
Hitting the heartland: The overall effect of the latest round of home loan interest rate rejigs will be to improve bank earnings. Photo: Michele Mossop

There is a hidden and worrying risk lurking for a particular set of mortgage borrowers, whose level of financial stress is about to get a whole lot worse.

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