Mortgage Stress Feb 2018, Refinancing Helps, But Still Higher
Digital Finance Analytics (DFA) has released the February 2018 mortgage stress and default analysis update. We analyse household cash flow based on real incomes, outgoings and mortgage repayments, rather than using an arbitrary 30% of income. Across Australia, more than 924,500 households are estimated to be now in mortgage stress (last month 924,000). This equates … Continue reading Mortgage Stress Feb 2018, Refinancing Helps, But Still Higher
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