Mortgage Stress Grinds Higher In June

Digital Finance Analytics has released mortgage stress and default modelling for Australian mortgage borrowers, to end June 2017.  Across the nation, more than 810,000 households are estimated to be now in mortgage stress (last month 794,000) with 29,000 of these in severe stress. This equates to 25.4% of households, up from 24.8% last month. We … Continue reading Mortgage Stress Grinds Higher In June