Mortgages cause sleepless nights for homeowners

Home owners are becoming increasingly uneasy about keeping up with their mortgage repayments, a Research New Zealand survey says.

The poll found home loan interest rates were a concern for 68 per cent of those with mortgages.

The survey of social attitudes asked those with home loans if they were concerned that rising mortgage interest rates might make it difficult for them to keep up with repayments.

Research New Zealand director Emanuel Kalafatelis said 24 per cent of home owners were very concerned and 44 per cent were somewhat concerned.

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