There will be an increasing number of Aussies feeling mortgage stress due to higher interest rates, while first home buyers are still in for a massive headache.

First home buyers are hoping for some relief from skyrocketing property prices around Australia but they will still face huge hurdles getting into the market in 2022, while Mortgage Broker Near…

Record low interest rates have driven Australian housing prices up 22 per cent last year — its sharpest rise in three decades.

Key points:

• Housing prices rose 1 per cent nationally in December, with regional markets up 2.2pc and capital cities…