Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
The UK Financial Policy Committee is is charged with taking action to remove or reduce systemic risks with a view to protecting and enhancing the resilience of the UK financial system. In their June 2014 report they highlighted that the recovery in the UK housing market has been associated with a marked rise in the … Continue reading “UK To Cap High Loan To Income Mortgage Loans”
We discuss household finances, mortgage stress and building financial resilience on Perth radio 6PR
We discuss our latest mortgage stress data in the context of the latest economic news.
The massive hike in interest rates imposed by the RBA in its attempt to squeeze out inflation is not hitting all household cohorts’ to the same extent. Indeed, some older households with savings and no mortgages are enjoying their wealth boost, after years of low rates eroded their incomes. It is worth noting that the … Continue reading “Youngsters Thrown Under The Bus [Again]”
The massive hike in interest rates imposed by the RBA in its attempt to squeeze out inflation is not hitting all household cohorts’ to the same extent. Indeed, some older households with savings and no mortgages are enjoying their wealth boost, after years of low rates eroded their incomes. It is worth noting that the … Continue reading “Youngsters Thrown Under The Bus [Again]”
The Australian economy has been relatively stable in the face of the higher interest rates, until now but cracks may be forming as new data arrives. Our mortgage stress analysis which we reported on earlier is one. Now Payroll jobs data says the same. The Australian Taxation Office (ATO) receives payroll information from employers with … Continue reading “Are There Signs The Australian Labor Market Is Slowing? [Podcast]”
The Australian economy has been relatively stable in the face of the higher interest rates, until now but cracks may be forming as new data arrives. Our mortgage stress analysis which we reported on earlier is one. Now Payroll jobs data says the same. The Australian Taxation Office (ATO) receives payroll information from employers with … Continue reading “Are There Signs The Australian Labor Market Is Slowing?”
My gear is due to arrive from Australia over the next 2-3 days, so I won’t be making my regular shows while I unpack and set up the studio properly. However, I will be back soon, and plan a live stream Tuesday 20th on Mortgage Stress and post code analysis (no live stream this week). … Continue reading “A Quick DFA HQ Update!”
Evidence provided by the RBA to Parliament yesterday underscores the $350 billion of mortgages across some 800,000 facilities which are expected to reset from fixed (~2% interest rates) to ~6% variable rates in 2023. This could have a significant impact on households and their spending patterns to say nothing of rising mortgage stress. http://www.martinnorth.com/ Go … Continue reading “The RBA Says The Pain Time Is Coming!”
Another outing, thanks to Cookie, looking at recent property price reductions, and cross correlating these with data from my core market models. It is clear that property prices are on the turn in the last hold-out state now, and we know that mortgage stress is higher in the Northern half of the Apple Isle. Go … Continue reading “Operation Antispruik Around Launceston (TAS)”
