Tag: Mortgage Stress

After The RBA Deluge: What Next? With Steve Mickenbecker [Podcast]

I caught up with Steve from Canstar to discuss the fallout from the RBA rate rises. Steve Mickenbecker is in Canstar’s Group Executive Team, bringing more than 30 years of experience in the Australian financial services industry. As a financial commentator for Canstar, Steve enjoys sharing his expertise across topics such as home loans, superannuation, insurance, mortgages, banking, credit cards, investment, budgeting, money management and more.

https://www.canstar.com.au/team-members/steve-mickenbecker/

National Debt Helpline 1800 007 007. https://ndh.org.au/

Go to the Walk The World Universe at https://walktheworld.com.au/

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
After The RBA Deluge: What Next? With Steve Mickenbecker [Podcast]
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DFA Live Q&A HD Replay Property And Stress Data Now [Podcast]

This is an edited version of a live discussion about the current state of the property markets. We look at recent price falls, as well as the latest from our modelling, including information at a post code level. And of course review today’s RBA decision. Warning, this show might run for longer than normal! Thanks to Cookie for his work on price falls!!

Original stream is here: https://youtu.be/R2Oy5Mk4RLA

Go to the Walk The World Universe at https://walktheworld.com.au/

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
DFA Live Q&A HD Replay Property And Stress Data Now [Podcast]
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August 2022 Mortgage Stress: First Take

We update the latest from our models and surveys, which now includes the ABS Census data from last year.

Unfortunately mortgage and rental stress continue to track higher, thanks to higher interest rates and rising costs of living.

Many household have large debt burdens. The National Debt Helpline line on 1800 007 007 is an excellent place to go to get free advice.

About Us

National Debt Helpline is a not-for-profit service that helps people tackle their debt problems. They are not a lender and they don’t ‘sell’ anything or make money from those in debt. Their professional financial counsellors offer a free, independent and confidential service. They are simply there to help you get back households on track. Beware of some of the other paid services which are found on the internet.

Go to the Walk The World Universe at https://walktheworld.com.au/

How To Handle Mortgage Loan Pain…

The Conversation had an useful article about how to deal with mortgage debt pain. Bottom line is to get help and advice early.

Home Page

https://moneysmart.gov.au/about-us

Today’s post is brought to you by Ribbon Property Consultants. If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you. Buying property, is both challenging and adversarial. The vendor has a professional on their side. Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make. Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest. Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

First Take: Mortgage Stress July 2022 [Podcast]

This is a first take on the latest results from our models, which shows a further rise in mortgage and rental stress (defined in cash flow terms) across Australia. We examine the high-level results by state, segment and post code, and also present the latest stress heat maps, which highlight the growth of pressure in the newly developed zones across the country, as well as in some regional communities.

Stress has risen thanks to rising costs of living, increasing mortgage and rents, while real incomes continue to fall. We also include some suggestions as to how to manage stress.

Call the National Debt Helpline on 1800 007 007 for free and confidential advice from professional financial counsellors. But be careful of those offering advice for a fee, it is big business, and many who are struggling are being conned.

Go to the Walk The World Universe at https://walktheworld.com.au/

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
First Take: Mortgage Stress July 2022 [Podcast]
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First Take: Mortgage Stress July 2022

This is a first take on the latest results from our models, which shows a further rise in mortgage and rental stress (defined in cash flow terms) across Australia. We examine the high-level results by state, segment and post code, and also present the latest stress heat maps, which highlight the growth of pressure in the newly developed zones across the country, as well as in some regional communities. Stress has risen thanks to rising costs of living, increasing mortgage and rents, while real incomes continue to fall.

We also include some suggestions as to how to manage stress. Call the National Debt Helpline on 1800 007 007 for free and confidential advice from professional financial counsellors. But be careful of those offering advice for a fee, it is big business, and many who are struggling are being conned.

Go to the Walk The World Universe at https://walktheworld.com.au/

Mortgage Stress Even Higher!

We review the latest analysis from our surveys – as discussed in a number of TV and radio interviews over the past couple of days.

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

Operation Anti-Spruik Part 2

More detailed examination of home price movements, using data from Cookie Boy and DFA modelling. There is mounting evidence of significant price reductions, and some common threads relating to mortgage stress and scenarios.

Let us know if there are specific areas you would like us to research in future shows..

Go to the Walk The World Universe at https://walktheworld.com.au/

And Now The Pain Begins…

We look at the latest data as interest rate rises are passed through to borrowers, the changes in housing affordability, and the horrendous mess the RBA has made. Which begs the question where to from here?

[Content]

0:00 Start
0:15 Introduction
1:00 Marginal Buyers Under The Bus
5:37 Banks Pass The Rate Hikes On
14:20 Home Prices To Fall
16:43 Housing Affordability Dies
19:59 RBA Major Fail – What Now?
24:41 Conclusion

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

Households Are Up To Their Necks In Stress..

My latest household stress analysis and mapping, as the numbers go off the dial. We also look at the most stressed electorates ahead of the upcoming election.

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.