Markets

Fewer Australians are falling behind on their home loan repayments

Fewer Australians are falling behind on their home loan repayments. That good news comes from Standard and Poor’s (S&P) latest RMBS Arrears Statistics report with delinquent housing loans in Australian prime residential mortgage-backed securities (RMBS) falling to just 1.00% in November, down from 1.04% in October. As seen in the […]
Fewer Australians are falling behind on their home loan repayments
Markets

The 20 most mortgage stressed suburbs in Australia

Half the 20 suburbs with the worst cases of mortgage stress are in Victoria, according to analysis of census data. Research by the Grattan Institute looked at areas where mortgage repayments were greater than 30% of household income. The analysis uses data from the 2016 census compared with the 2011 […]
The 20 most mortgage stressed suburbs in Australia