THE number of home buyers unable to meet their mortgage repayments will rise sharply if interest rates increase this year, a study finds. Continue reading
Tag Archives: mortgage stress
Interest rates heading for 10 per cent, experts warn
MORTGAGE rates are predicted to hit a horror 10 per cent within the next two years as the Reserve Bank hikes rates to prevent runaway inflation. Continue reading
Mortgage pain on the increase
The number of households facing mortgage stress has risen to a 16-month high with increases in interest costs outweighing improvements on the jobs front. Continue reading
Mortgage Stress is on the rise
THE number of Australians experiencing “mortgage stress” is rising again as the effects of the Federal Government’s cash handouts wear off and work hours are cut. Continue reading
Mortgage stress down – concern is all about jobs
THE proportion of Australians feeling mortgage stress has fallen despite the global financial crisis, although the threat of unemployment looms large. Continue reading
Rate cut a high price to pay; Turnbull – The Age 2-9-08
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Any interest rate cut will come at the cost of a slowing economy Continue reading
40% of Sydney hit harder by rising prices – SMH 11-8-08
MORE than 40 per cent of Sydney’s suburbs have become increasingly vulnerable to high oil prices and mortgage stress in the past five years, according to a study to be released today by Griffith University. Continue reading
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