Another Confirmation Of More Mortgage Stress!

February 28, 2024 00:07:33
Another Confirmation Of More Mortgage Stress!
Digital Finance Analytics (DFA) Blog
Another Confirmation Of More Mortgage Stress!

Feb 28 2024 | 00:07:33

/

Show Notes

DFA released its report for January several weeks back, and confirmed a further rise in mortgage stress. In our show on this important issue, we also discussed the different methods used to assess mortgage stress. Now new research from Roy Morgan confirms our findings. They say their research shows 1,609,000 mortgage holders (31.0%) were ‘At Risk’ of ‘mortgage stress’ in the three months to January 2024. This period included an interest rate increase on Melbourne Cup Day with the RBA raising interest rates by +0.25% to 4.35%. “The extended pause in official interest rate increases for four months from July […]

Other Episodes

Episode 0

February 15, 2021 00:38:20
Episode Cover

Its Edwin's Monday Evening Property Rant! [Podcast]

My latest Monday chat with property insider Edwin Almeida. https://www.ribbonproperty.com.au/ Go to the Walk The World Universe at https://walktheworld.com.au/ Tuesday live show: https://youtu.be/EK_BlyJ6cUc

Listen

Episode

April 21, 2024 00:14:12
Episode Cover

Property Buyers’ Plans Destroyed By “Higher For Longer” Rate Trends!

The combination of high prices and interest rates is seeing affordability become extremely stretched at a time when cost-of-living pressures more generally are also...

Listen

Episode

December 15, 2024 00:18:03
Episode Cover

Household Money Worries? - You Are Not Alone!

We deep dive on the thorny question of household finances and the proportion of disposable income going to pay the rent or mortgage, using...

Listen