Top 10 Mortgage Stress Countdown At December 2017

Following our monthly mortgage stress post, released yesterday, we have updated our video which counts down the most stressed households across the country. As normal, there are some changes from last month, as conditions vary across the states. But overall, we see relatively more stress in Victoria and New South Wales.  We will count down … Continue reading “Top 10 Mortgage Stress Countdown At December 2017”

Mortgage Stress to Trigger Rise in Defaults, says Analyst

From The Adviser. Defaults are expected to rise this year amid new data which reveals that almost a million Australians are under mortgage stress. Digital Finance Analytics (DFA) has released its mortgage stress and default analysis for the month of December, revealing that over 921,000 households (29.7 per cent) are under “mortgage stress”, with 24,000 … Continue reading “Mortgage Stress to Trigger Rise in Defaults, says Analyst”

Households Under The Mortgage Stress Gun In December

Digital Finance Analytics has released the December mortgage stress and default analysis update. Across Australia, more than 921,000 households are estimated to be now in mortgage stress (last month 913,000). This equates to 29.7% of households. In addition, more than 24,000 of these in severe stress, up 3,000 from last month. We estimate that more … Continue reading “Households Under The Mortgage Stress Gun In December”

Greater Perth Mortgage Stress Mapping – Nov 2017

We continue our series featuring the results of our November Mortgage stress update. Today we look at Greater Perth and Western Australia. In WA we estimate there are 124,000 households in mortgage stress, which equates to 30.2% of borrowing households in the state, up 2,500 from last month.  We estimate that 9,800 households risk 30-day … Continue reading “Greater Perth Mortgage Stress Mapping – Nov 2017”

Greater Adelaide Mortgage Stress Mapping – Nov 2017

We continue our series featuring the results of our November Mortgage stress update. Today we look at Greater Adelaide and South Australia. In SA we estimate there are 80,530 households in mortgage stress, which equates to 28.3% of borrowing households in the state.  We estimate that 3,900 risk 30-day default in the next 12 months. … Continue reading “Greater Adelaide Mortgage Stress Mapping – Nov 2017”

Greater Brisbane Mortgage Stress Mapping – Nov 2017

Continuing our series on mortgage stress, we feature the results for Brisbane and QLD today. Overall, in the state, stress has fallen a little thanks to brighter employment prospects, especially in the south east. However, some regional areas are under severe pressure. We estimate there are 157,019 households across the state, down from 162,726 last … Continue reading “Greater Brisbane Mortgage Stress Mapping – Nov 2017”

Greater Melbourne Mortgage Stress Mapping – Nov 2017 – Pressure Is Mounting

Continuing our series on mortgage stress, we feature the results for Melbourne and VIC today. In fact more than half the post codes nationally in the top 10 are in VIC, so risks are rising fast here (and prices are still rising too!). In November another 3,000 households in VIC slipped into stress, reaching a … Continue reading “Greater Melbourne Mortgage Stress Mapping – Nov 2017 – Pressure Is Mounting”

Greater Sydney Mortgage Stress Mapping – Nov 2017

Having released our November Mortgage Stress analysis, we now look across the states in more detail. Today we look at NSW and Greater Sydney. NSW has 251,576 households in stress, up 9,000 from last month, and we estimated there are around 13,900 households at risk of default over the next 12 month in the state. … Continue reading “Greater Sydney Mortgage Stress Mapping – Nov 2017”

Mortgage Stress Continues On a High Plateau In November

Digital Finance Analytics has released the November mortgage stress and default analysis update. Across Australia, more than 913,000 households are estimated to be now in mortgage stress (last month 910,000) and more than 21,000 of these in severe stress, the same as last month. Stress is sitting on a high plateau. This equates to 29.4% … Continue reading “Mortgage Stress Continues On a High Plateau In November”