What happens if I can't pay my mortgage and what are my options?
- Written by Andrew Grant, Senior Lecturer in Finance, University of Sydney
Photo by Pat Whelen on Unsplash, CC BY-SAWith rising costs of living, including interest rate rises, many people are really worried about their mortgage.
So, what actually happens if you can’t pay your mortgage – and what are your options?
Here’s what you need to know.
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