Mortgage stress eases despite RBA's November rate hike – Roy Morgan
A potential rise may also mean more borrowers at risk of mortgage stress
Source: brokernews.com.au
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Record Australian mortgage holders at risk amid rate hikes
New data from Roy Morgan highlights a worrisome trend for Australian homeowners as the nation grapples with rising interest rates.
Source: dynamicbusiness.com
'Mortgage stress' increases to its highest since August 2008 with 27.8% of mortgage holders now 'At Risk'
New research from Roy Morgan shows an estimated 1.38 million mortgage holders (27.8% of mortgage holders) were ‘At Risk’ of ‘mortgage stress’ in the three months to April 2023. This period encompassed two interest rate increases of 0.25% taking official interest rates to 3.6% in April.
Source: roymorgan.com
'Mortgage stress' increases to its highest since September 2008 with 27.1% of mortgage holders now 'At Risk'
New research from Roy Morgan shows an estimated 1.35 million mortgage holders (27.1%) were ‘At Risk’ of ‘mortgage stress’ in the three months to March 2023. This period encompassed one interest rate increases of 0.25% taking official interest rates to 3.6% in early March.
Source: roymorgan.com