Minister offers scant hope for stressed mortgagees: 'We hope rates will stop rising'

The government hopes the Reserve Bank doesn’t keep hiking interest rates over fears the economy could be pushed over the brink.

Goodnight sweetheart: One in five borrowers will lose their fixed-rate deals this year

Hundreds of thousands of Australians are bracing for a spike in their interest rates when their “sweetheart” fixed rate mortgages end this year.