are worried about meeting their repayments, with younger people feeling the pinch in particular, new research has found.interest rate risesBut the fear runs through all age brackets, with 44 per cent of older Australians aged 65 and over saying the same.In all, 31 per cent of Australian homeowners worry about meeting their mortgage repayments now, even without the prospect of further rate rises.
And AMP said that even among mortgage holders classified as having a "small safety net" - a savings buffer of three months or less of their mortgage repayments - most had not sought help from their lender. Almost three quarters of those mortgage holders had not contacted their lender to ask for a more competitive rate or other support
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