Digital Finance Analytics (DFA) Blog
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The latest results from our household surveys reveals that by the end of January 2021, overall levels of mortgage stress dropped below 40%, to 39.5% – still well above the level prior to the virus hitting. This is a consequence of lower mortgage rates following the RBA cash rate cuts, liquidity support and quantitative easing, … Continue reading “Mortgage Stress Falls In January”
This was not meant to happen – after all the official story is we are in recovery mode – yet the latest results from our rolling household surveys tells another story as unemployment and underemployment rise further, even as Government financial support is tapered down. As a result mortgage stress – those households with a … Continue reading “Mortgage Stress Accelerates In November 2020”
The latest DFA household survey results for May 2020, from our rolling 52,000 survey reveals a slight fall in households in mortgage stress, from over 38% last month to 37.5%. This still means 1.4 million households are experiencing cash flow issues, despise the Government support programmes and Bank repayment holidays. The full pack is available … Continue reading “Mortgage Stress Eases A Little In May”
On our live show tonight I will be able to present information from our live database – so, if you join the chat, you can ask me to show you the data for your post code. We will also update our scenarios, and look at the latest property and finance news. See you then! And … Continue reading “DFA Live Tonight! 8PM Sydney – Ask Me About Mortgage Stress In YOUR Postcode”
The latest DFA mortgage stress data, derived from our rolling household surveys reveals than an additional 100,000 households joined the cash-flow stressed in April, bringing the percentage of households to more than 38%, which equates to more than 1.4 million. The trajectory is still set to reach more than 41% by August. Our estimates take … Continue reading “Mortgage Stress Up Again In April”
The latest from our Household Surveys.
The official story is that lower interest rates are translating to reduced financial stress in the community. The true story, as revealed in the latest edition of our mortgage stress analysis is that more households are up against it, with a record 32.9% of mortgages households wrestling with cash flow issues. This translates to 1.08 … Continue reading “Mortgage Stress Still Climbed In February”
We have had many requests for updated mortgage stress maps, so today we include the latest post code level analysis – with data to end January 2020. We as showing the proportion of households in each state in stress, centered on the main urban centres. You can click on the maps to load and view … Continue reading “Mapping Mortgage Stress”
We look at the latest results from our Household Surveys. https://www.moneysmart.gov.au/
The latest results from our household surveys to end the end of January reveals that mortgage stress continues to push higher with 32.8% of households now impacted, representing more than 1.1 million borrowing households. In addition expectations of defaults are up to more than 83,400 over the next 12 months. These results are of no … Continue reading “Mortgage Stress Pushes Higher In January 2020”