More first-time buyers facing mortgage stress

By Poppy Johnston
Updated February 22 2024 - 3:40am, first published 3:32am
Saving to buy a house in Sydney takes more than six years, according to Doman-Unload research. (Bianca De Marchi/AAP PHOTOS)
Saving to buy a house in Sydney takes more than six years, according to Doman-Unload research. (Bianca De Marchi/AAP PHOTOS)

First home buyers are more likely to face mortgage stress thanks to higher interest rates but it's also a better time to be saving for a deposit.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Launceston news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.