mortgage holder

If the central bank bumps the cash rate next week, more than 30 per cent of mortgage holders will fall under ‘mortgage stress’, according to Roy Morgan.

Mortgagors have increased their spending in the 12 months to July 2024.

There is a gender gap in mortgage stress levels between single women and men, according to Roy Morgan.

Home owners with a mortgage have cut their spending by over half in the year to June 2024, research has found.

Home owners with a mortgage have increased their year-on-year spending, the latest data from the major bank has shown.

A new survey has shown mortgage holders are cautiously optimistic, eyeing global tensions and the election as possible rate cut triggers.

Australians’ confidence in mortgage payments has improved, with brokers reporting a decline in financial stress for borrowers.

Mortgage holders are advised to ask their banks for better deals this Christmas, as interest rate cuts remain unlikely until well into 2025.

Consumer confidence is down across a range of areas, latest ANZ-Roy Morgan data has revealed.