Housing stress: Rate cut decision ‘make or break’ for more than one million homeowners and renters
A shocking 1.1 million Victorian households are living in mortgage or rental stress, with some postcodes home to almost 10,000 families struggling to keep the roof over their head.
The Victoria Advocate2d
Rising Inflation Shoves Mortgage Rates Higher
Mortgage rates went up this week because of an unexpected resurgence of inflation.The average rate on the 30-year fixed-rate ...
The Commonwealth Bank measure that suggests WA’s stressed home owners are already doing it easier
A lending measure disclosed along with the bank’s $5.14 billion interim profit on Wednesday suggests the number of stressed ...
Vancouver8d
Alternative lenders reshaping B.C. mortgage market
Mortgage brokers and alternative lenders are playing a bigger role in B.C.’s residential real estate sector, as ...
Australian working-class households plunged into financial stress
A historic cut to living standards has occurred, mostly since Labor scraped into office in May 2022, fuelling a political ...
Geelong Advertiser15d
SA suburbs with 100 per cent mortgage stress
Mortgage stress affects 53.3 per cent of South Australia’s home loan holders – the third-highest rate in the nation behind Tasmania on 57.5 per cent and Victoria (53.6 per cent ...