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Borrowing ‘extra’ not housing-related, researcher says

Some Australians borrow more to “keep up with the Joneses” but not for houses, latest data has revealed.

Borrowing ‘extra’ not housing-related, researcher says
Market headwinds trigger call for hedge against big 4

Investors have been warned not to “overexpose” their equity portfolios to the big four banks amid a dampening appetite for credit and falling property prices. 

Market headwinds trigger call for hedge against big 4
Draft legislation to widen social housing investment

The government’s housing and investment body has released draft amendments to allow more private investment towards social housing.

Draft legislation to widen social housing investment
Home buyer intentions fall 27.3% YOY: CommBank HSI

Home buying intentions have further declined in October according to the latest data from the Commonwealth Bank of Australia.

Home buyer intentions fall 27.3% YOY: CommBank HSI
LATEST PODCAST: How home guarantees are helping FHBs

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: How home guarantees are helping FHBs
Rate hikes will ‘undoubtedly harm home owners’, Hume CEO says

The Reserve Bank of Australia’s November rate hike will put further pressure on mortgagors, according to Hume Bank chief executive Stephen Capello. 

Rate hikes will ‘undoubtedly harm home owners’, Hume CEO says
RBA unpacks why its forecasts were so wrong

“Unprecedented events” such as the Ukrainian war contributed to an “underestimation” of inflation, the central bank has determined.

RBA unpacks why its forecasts were so wrong
‘Scourge’ inflation target rate ‘couple of years away’: RBA

Persistent high inflation would mean dealing with it for longer and even higher interest rates, the RBA has warned.

‘Scourge’ inflation target rate ‘couple of years away’: RBA
Borrowers facing ‘unchartered waters’, warns CoreLogic

Some mortgagors who took out a loan before October 2021 wouldn’t service their loan buffer now, CoreLogic has flagged, noting many face “unchartered waters”.

Borrowers facing ‘unchartered waters’, warns CoreLogic
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