Mortgage Stress: Why 30% Homeowners are at risk and how to avoid it

30% of Australians are under Mortgage Stress. The news came after the RBA announced increasing interest rates for the first time in over century. So in this video, we'll cover what is mortgage stress, and how to handle it.

00:00 - The current environment
00:55 - What is mortgage stress?
01:27 - How should you prepare?
02:07 - The danger of quick money
02:25 - How to handle mortgage stress
04:34 - What to do next.

If you liked this video, then you may find these videos useful:
Hidden Costs You Need To Know Before Buying A House

What to look out for in a mortgage broker

Want to talk with a Madd mortgage Broker about your situation? We offer face to face appointments or Microsoft TEAMS.

Reach out, our details are below:

T. 07 3899 0009

Want to know how we are one of Australia's most awarded mortgage brokers? Simple, by always putting our customers first.

That is why our business continues to be built on referrals. Since 2012, we have settled over 1.3 Billion dollars of home loans, that's thousands of Aussies we've helped get a Madd deal. From buying your first home to refinancing, commercial, construction or car loans.

Our free service takes the stress out of getting finance. We offer our services Australia wide so why not reach out to us today. We'd love to hear from you.

DISCLAIMER: These video's are NOT personal advice, these are general information videos and should not be taken as advice for your personal situation, if you want personal advice you should speak to a qualified financial planner about your personal situation.