here’s a loose rule that dictates whether a mortgage is affordable: if you’re spending more than 30 per cent of your income covering it, there’s a good chance you’re flirting with mortgage stress.
Lucy DeanWealth reporterLucy Dean writes about wealth management, personal finance, lifestyle and leisure, based in The Australian Financial Review's Sydney newsroom. Connect with Lucy on Twitter. Email Lucy at l.dean@afr.com
Les HewittSenior interactive graphics designerLes Hewitt is senior interactive graphics designer for The Australian Financial Review. Email Les at lhewitt@nine.com.au
