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Despite interest rates being at record lows, half of NSW mortgage holders are worried about not being able to afford their home loan repayments, new data shows.
Of those surveyed, one in five were worried they’d never pay off their mortgage entirely, and 20 per cent were concerned about rising rates, a survey of 1000 people by Galaxy Research for debt solutions provider Fox Symes found.
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One in five mortgaged Australians have concerns they’ll never pay off their home loan in full.Photo: Tamara Voninski