Mortgage stress rises as RBA weighs 13th rate hike - Aussie Home Loans survey

As the Reserve Bank considers the 13th interest rate rise since last May, there's growing evidence of mortgage stress with some borrowers worried they might default on their home loans. A survey by Aussie Home Loans says 29pc are struggling to make mortgage repayments. Chief operating officer Sebastian Watkins says aggressive rate rises are taking a toll on the mental health of highly-indebted Australians. Reporter: Peter Ryan, senior business correspondent Featured: Sebastian Watkins, chief operating officer, Aussie Home Loans