Rattled by rising interest rates, 165,000 home owners may be forced to sell

The daunting prospect of interest rates remaining high into next year would force about 165,000 home owners to sell up, research released today has found.

And 5 per cent - representing 165,000 people - would have to sell their home if rates do not fall by next year, according to the research.Conituning high interest rates would force 165,000 home owners to sell, new reserach has found. Finder personal finance expert Sarah Megginson said people who were counting on a rate cut by now have found themselves "hung high and dry".

"With interest rates projected to remain high until next year – and some even calling for a hike in August – mortgage holders could be waiting longer than they expected for this pressure to."

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