Graeme Colman: Horizon Research Principal researcher on 43,000 people revealing they will have to sell their property due to rising interest rates

11 percent of mortgage holders responding to a survey have said they'll likely need to sell in the next 12 months. That's according to an opt-in Horizon Research survey on the impact of higher interest rates. About 70 percent are worried repayments could be unaffordable. Principal researcher Graeme Colman says right now, just over a million mortgages are fixed. He says they're the ones for whom interest rates are likely to jump from very low to higher levels when they come up for renewal. LISTEN ABOVE See omnystudio.com/listener for privacy information.