Middle-income Families Feeling Mortgage Stress

MORE than one in four Australian borrowers expect to struggle with mortgage repayments in the next year, and rising interest rates are their biggest concern.

Us Government Steps In To Bail Out Mortgage Giants Fannie Mae And Freddie Mac

IN A frantic bid to avert a second crisis of confidence in US credit markets, the US Government has intervened to prop up the two mortgage giants, Fannie Mae and Freddie Mac.