Higher-for-Longer Interest Rate Environment is Squeezing More Borrowers

October 11, 2023 00:15:11
Higher-for-Longer Interest Rate Environment is Squeezing More Borrowers
Digital Finance Analytics (DFA) Blog
Higher-for-Longer Interest Rate Environment is Squeezing More Borrowers

Oct 11 2023 | 00:15:11

/

Show Notes

Elevated inflation means central banks may have to keep policy rates higher in a way that stretches the capacity of borrowers to repay debt said the IMF in its latest Global Financial Stability Report. And the Bank of England warned in their latest Financial Policy Summary that simply extending the term of mortgage loans is more about protecting banks than borrowers as risks build. The International Monetary Fund (IMF) has updated its global growth forecasts, with the world expected to grow by 3% this year and 2.9% in 2024.The IMF tips that Australia’s real GDP growth will slow even faster, […]

Other Episodes

Episode

November 13, 2024 00:08:59
Episode Cover

Prepare For A Higher Rate Plateau!

One of the themes which comes through in our household surveys is that many people are under financial pressure, but are holding out for...

Listen

Episode 0

January 06, 2021 00:23:03
Episode Cover

Property Investing By The Numbers [Podcast]

We look at the latest data from our core market model and find the best and worst areas to make a property investment, based...

Listen

Episode 0

April 05, 2020 00:17:46
Episode Cover

Free Money - Or Not?: The DFA Daily 5th April 2020 [Podcast]

The latest edition of our finance and property news digest with a distinctively Australian flavour. 7th April 2020 Live Event: https://youtu.be/9AQMbnbHZEA

Listen