Mortgage Stress Continues To Build In August 2018

Despite the “good news” from the GDP numbers yesterday, our latest mortgage stress report, to end August 2018 continues to track higher. The latest RBA data on household debt to income to March reached a new high of 190.1[1].  On Tuesday, the RBA said ”One continuing source of uncertainty is the outlook for household consumption. … Continue reading Mortgage Stress Continues To Build In August 2018