Mortage stress soars and while it might not lead to a house market crash, it will certainly impact the 2022 Election.
Tag: Mortgage Stress
230,000 At Risk of Losing their Home. Media hyperbole or a real concern?
Home Loan Arrears are Surging Over 6% Of Mortgages In Some Suburbs.
783,000 Mortgage Holders at Risk of Mortgage Stress.
Mortgage Distress & The JobKeeper Cliff.
Mortgage Arrears Surge has surged by 15% during the last month.
As the JobSeeker cliff approaches over 1.7 million people could face housing stress.
#InterestRates #RBA #NegativeInterestRates Are low interest rates here to stay or simply part of the journey towards negative interest rates? References Record low interest rates are here to stay, and may even sink lower, economists predict https://www.abc.net.au/news/2019-08-27/interest-rates-predicted-to-stay-low-economists/11450918?section=business
#MortgageStress #Retirement #RealEstate More Australians are heading into retirement with years of mortgage payments and stress ahead of them. References Mortgage debt causing older Australians distress and worsening mental health https://www.abc.net.au/news/2019-08-27/mortgage-debt-causing-older-australians-distress-study-finds/11450958?pfmredir=sm