ASIC to probe IO home loans
ASIC will launch a second stage review of interest-only (IO) home loans,…
Borrowers clueless about home loans
A THIRD of borrowers with interest-only (IO) home loans do not realise…
Mortgage arrears jump to five-year high
DESPITE record low interest rates, home loan arrears have hit a five-year…
1.3m households under financial stress
AROUND 1.3 million of Australian households are experiencing financial stress, according to…
Mortgage arrears increase
DESPITE an improved economic environment and low interest rates, Australia’s mortgage arrears…
Mortgage delinquencies dampen Genworth profit
DESPITE historical record low interest rates, mortgage insurer Genworth has reported an…
Mortgage arrears unchanged despite lower rates
THE Reserve Bank’s rate cuts are having little impact on mortgage arrears.…
Residential mortgage arrears at three-year high
DESPITE record low interest rates, residential mortgage arrears have risen to a…
Mortgage arrears make a surprise jump
DESPITE record low interest rates and strong economic environment, mortgage arrears has…
Mortgage delinquencies set to rise
DESPITE record low interest rates, mortgage delinquencies and defaults will continue to…
