Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
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”
APRA has released some information relating to their 2017 stress tests in their “APRA Insight Issue Three 2018“. We discussed the results in a recent Adams/North video. We were not impressed! This is what APRA has now released. Compared with the bank by bank data the FED releases, its VERY high level! Stress testing plays … Continue reading “APRA Releases 2017 Stress Test Summary”
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”
Digital Finance Analytics (DFA) has released the July 2018 mortgage stress and default analysis update. The latest RBA data on household debt to income to March reached a new high of 190.1[1], and CBA today said in their results announcement ”there has been an uptick in home loan arrears as some households experienced difficulties with … Continue reading “Household Financial Pressure Tightens Some More”
Digital Finance Analytics (DFA) has released the June 2018 mortgage stress and default analysis update. The latest RBA data on household debt to income to March reached a new high of 190.1 [1] … … so no surprise to see mortgage stress continuing to rise. Across Australia, more than 970,000 households are estimated to be … Continue reading “Mortgage Stress Continues To Claw Higher”
Today we walk through the worst postcodes for mortgage stress and add movement and colour with supporting demographic and financial data. Yesterday we released the May 2018 mortgage stress and default analysis update. Across Australia, more than 966,000 households are estimated to be now in mortgage stress (last month 963,000). This equates to 30.2% of … Continue reading “Mortgage Stress Top Postcode Countdown”
Digital Finance Analytics (DFA) has released the May 2018 mortgage stress and default analysis update. Across Australia, more than 966,000 households are estimated to be now in mortgage stress (last month 963,000). This equates to 30.2% of owner occupied borrowing households. In addition, more than 22,600 of these are in severe stress, up 1,000 from … Continue reading “Mortgage Stress Notched Up Again in May 2018”
Digital Finance Analytics (DFA) has released the April 2018 mortgage stress and default analysis update. Across Australia, more than 963,000 households are estimated to be now in mortgage stress (last month 956,000). This equates to 30.1% of owner occupied borrowing households. In addition, more than 21,600 of these are in severe stress, up 500 from … Continue reading “April Mortgage Stress Trends Higher … Again…”
Digital Finance Analytics (DFA) has released the March 2018 mortgage stress and default analysis update. Across Australia, more than 956,000 households are estimated to be now in mortgage stress (last month 924,500). This equates to 30.0% of households. In addition, more than 21,000 of these are in severe stress, no change from last month. We … Continue reading “Mortgage Stress Up In March 2018”
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”