Mortgage Stress Busts The 1 Million Households

Digital Finance Analytics (DFA) has released the September 2018 mortgage stress and default analysis update. We have just crossed the 1 million, for the first time ever in our history. The latest RBA data on household debt to income to June reached a new high of 190.5[1].  This high debt level helps to explain the … Continue reading Mortgage Stress Busts The 1 Million Households