<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Mortgage holders in some states will be under more stress than others as a result of the recent rise in </span><a href="https://www.9news.com.au/interest-rates" rel="" target="" title="interest rates."><span>interest rates.</span></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Last </span><a href="https://www.9news.com.au/finance/rba-interest-rates-live-updates-february-2026-decision-latest-news-headlines/cec87747-a086-4fb9-aab2-29f5790794d1" rel="" target="" title=" week the RBA hiked"><span>week the RBA hiked</span></a><span> the cash rate, with banks and other loan firms </span><a href="https://www.9news.com.au/national/interest-rates-major-banks-announce-rate-changes-following-rba-hike/ef7913a0-37ce-49a0-a063-ce159c48d6b2" rel="" target="" title="passing it on"><span>passing it on</span></a><span> to stretched borrowers.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>New research from Roy Morgan shows mortgage holders in </span><a href="https://www.9news.com.au/victoria" rel="" target="" title="Victoria"><span>Victoria</span></a><span>, </span><a href="https://www.9news.com.au/queensland" rel="" target="" title="Queensland"><span>Queensland</span></a><span> and </span><a href="https://www.9news.com.au/tasmania" rel="" target="" title="Tasmania"><span>Tasmania</span></a><span> are set to be hit hardest.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>HAPPENING NOW:</span></strong><span> </span><a href="https://www.9news.com.au/national/israeli-president-visit-to-australia-huge-protests-expected/40b56f1b-3d34-4f03-bf25-282d4937abb0" target="_blank"><strong><span>Israeli president labels Bondi massacre 'attack on Australians' during visit</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>LATEST:</span></strong><span> </span><a href="https://www.9news.com.au/national/cyclone-mitchell-forecast-campsite-mines-evacuated-as-cyclone-approaches-coast/dc27c584-7921-45ef-a0fa-e010244f5868" target="_blank"><strong><span>'Too late to leave' as Cyclone Mitchell whips up 140 km/h winds</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The situation is worst in Tasmania with just under a third of mortgage holders deemed "at risk".</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Roy Morgan says 29.8 per cent of Tasmanian mortgage holders are "at risk" and if rates increase again next month that figure will climb to 32.6 per cent of mortgage holders.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/interest-rates-mortgage-pain-worst-places/90376405-f1c6-481c-b5c0-88276ff9cada" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Next is Victoria, where 27 per cent of mortgage holders are classified as "at risk" and set to increase to 29.9 per cent if there is another RBA interest rate increase.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/world/nancy-guthrie-savannah-guthrie-usa-kidnapping-investigation/d56d2408-7704-4596-bec9-db346aefeee9" target="_blank"><strong><span>Police examine septic tank in search for US TV host's missing mother</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>An additional RBA interest rate increase next month would hit hard in Queensland. Already 24.2 per cent of mortgage holders are "at risk" and another increase would push that rate to 26.8 per cent, Roy Morgan says.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Mortgage holders in NSW have the lowest level of mortgage stress at 22 per cent.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Mortgage stress is generally when more than 30 per cent of pre-tax income is spent on repayments.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The latest data on mortgage stress shows almost a quarter of holders are now "at risk" of mortgage stress, and the recent interest rate rise is expected to increase this to just more than 25 per cent.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Another interest rate increase in March by 0.25 per cent to 4.1 per cent would increase this to 27 per cent and hit 1.3 million mortgage holders, Roy Morgan said.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>New research </span><a href="https://www.9news.com.au/finance/interest-rates-more-than-one-in-three-mortgage-holders-struggling-with-repayments/a130f045-2ded-4ff2-898b-3eeba1f92a65" rel="" target="" title=" shows more than a million mortgage holders were struggling"><span>shows more than a million mortgage holders were struggling</span></a><span> with repayments before the Reserve Bank lifted the cash rate last week.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>One in three homeowners – equivalent to 1.15 million – said they struggled to pay their mortgage in January, according to a survey by comparison site Finder.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The </span><a href="https://www.9news.com.au/reserve-bank-australia" target="" title="Reserve Bank's"><span>Reserve Bank's</span></a><span> monetary policy board unanimously decided to raise the </span><a href="https://www.9news.com.au/interest-rates" target="" title="cash rate"><span>cash rate</span></a><span> by 25 basis points, up to 3.85 per cent, at its first meeting of the year, in a move widely expected by economists.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Commonwealth Bank has now changed its interest rate outlook for the year, joining NAB in pencilling in a hike to 4.10 per cent in May.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.nine.com.au/sport/olympics/milano-cortina-2026-lindsey-vonn-crash-womens-downhill-skiing-final-video-reaction-acl-injury-analysis-20260209-p5o0oz.html" target="_blank"><strong><span>'Stop the nonsense': Vonn's failed gamble divides the world</span></strong></a></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/australia" target="" title="Australian"><span>Australian</span></a><span> borrowers have been warned to expect even more mortgage pain in the coming months.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>In her press conference following the decision, </span><a href="https://www.9news.com.au/michele-bullock" target="" title="RBA Governor Michele Bullock"><span>RBA Governor Michele Bullock</span></a><span> would not be drawn on whether future hikes were likely.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><em><span>The information provided on this website is general in nature only and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information on this website you should consider the appropriateness of the information having regard to your objectives, financial situation and needs.</span></em></div></div>