Mapping The Mortgage Stressed Households In Greater Adelaide

Following our October 2017 Mortgage Stress update, here is a map of the count of households in mortgage stress in Greater Adelaide, using our Core Market Model. Here is a list of the top 10 most stressed post codes in SA, by the number of households in stress.

Mapping The Mortgage Stressed Households In Greater Perth

Following our October 2017 Mortgage Stress update, here is a map of the count of households in mortgage stress in Greater Perth, using our Core Market Model. Here is a list of the top 10 most stressed post codes in the WA, by the number of households in stress. We will post similar maps and … Continue reading “Mapping The Mortgage Stressed Households In Greater Perth”

Mapping The Mortgage Stressed Households In Greater Brisbane

Following our October 2017 Mortgage Stress update, here is a map of the count of households in mortgage stress in Greater Brisbane, using our Core Market Model. Here is a list of the top 10 most stressed post codes in Queensland, by the number of households in stress. We will post similar maps and lists … Continue reading “Mapping The Mortgage Stressed Households In Greater Brisbane”

Mapping The Mortgage Stressed Households In Greater Melbourne

Following our October 2017 Mortgage Stress update, here is a map of the count of households in mortgage stress in Greater Melbourne, using our Core Market Model. Here is a list of the top 10 most stressed post codes in the region, by the number of households in stress. We will post similar maps and … Continue reading “Mapping The Mortgage Stressed Households In Greater Melbourne”

Mapping The Mortgage Stressed Households In Greater Sydney

Following our October 2017 Mortgage Stress update, here is a map of the count of households in mortgage stress in Greater Sydney, using our Core Market Model. Here is a list of the top 10 most stressed post codes in the region, by the number of households in stress. We will post similar maps and … Continue reading “Mapping The Mortgage Stressed Households In Greater Sydney”

Mortgage stress soars to record highs as borrowers struggle with jumbo loans

From The Australian Financial Review. The number of Australian families facing mortgage distress has soared by nearly 20 per cent in the past six months to more than 900,000 and is on track to top 1 million by next year, according to new analysis of lending repayments and household incomes. That means net incomes are … Continue reading “Mortgage stress soars to record highs as borrowers struggle with jumbo loans”

October Mortgage Stress Higher Again – See The Top 10 Post Codes

Digital Finance Analytics has released the October 2017 Mortgage Stress and Default Analysis update. Across Australia, more than 910,000 households are estimated to be now in mortgage stress (last month 905,000) and more than 21,000 of these in severe stress, up by 3,000 from last month. This equates to 29.2% of households. We see continued … Continue reading “October Mortgage Stress Higher Again – See The Top 10 Post Codes”

Top 10 Mortgage Stress Count Down – September 2017

Mortgage stress rose again in September according to Digital Finance Analytics analysis, crossing the 900,000 household rubicon for the first time. The latest RBA data shows household debt to income rose again in June, to 193.7, further confirmation of Australia’s debt problem. Across the nation, more than 905,000 households are estimated to be now in … Continue reading “Top 10 Mortgage Stress Count Down – September 2017”

Mortgage stress up despite decline in rates

New research from Roy Morgan shows that mortgage stress has increased to 17.3% of borrowers in July, an increase of 0.3% points over the last 12 months, despite a decline in loan rates. Home loan rates were based on the standard variable rate from the RBA which in the three months ended July 2017 averaged … Continue reading “Mortgage stress up despite decline in rates”