borrower

There’s no discernible trend in loan defaults and arrears now, but it is coming, APRA has highlighted.

RBA governor Philip Lowe noted that while the peak of the fixed-rate cliff had surpassed, one million borrowers are yet to transition.

If variable-rate borrowers do not adjust their spending habits, 15 per cent of them will be in ‘negative cash flow’ by the end of the year, according to the central bank.

The bank has reported a 5.2 per cent increase in home lending for its 2023 financial half-year results.

Eight in 10 borrowers have savings buffers and nearly two-thirds can meet a 0.5 per cent rise or more, according to a new borrower survey.

New research from Great Southern Bank has revealed a majority of borrowers would rather borrow from lenders with a commitment to ethical behaviour.

Borrowers at the big four banks will see variable rates rise by 25 basis points, as the majors pass on the RBA’s full rate hike.

Approximately 30 per cent of variable-rate mortgage holders have successfully negotiated a lower rate with their lender since the Reserve Bank started lifting rates in May 2022.

The majority of ANZ borrowers will be able to manage a rising interest rate environment, the chief executive of the major bank has said while announcing the group’s half-year results.

A Queensland broker has warned clients buy now, pay later could be jeopardising their chances of securing a home loan.

Banking app design is better meeting customer needs, but human interaction is still key to successful loan and credit applications, a Mobiquity report finds.

Consumer confidence has hit its lowest level in almost two years, according to data from ANZ and Roy Morgan.

A new survey has indicated that many borrowers feel that they aren’t getting the best offers available from their lenders.

New data has revealed that the share of mortgage holders at risk of mortgage stress fell for the second month in a row.

The central bank has revealed that the majority of mortgage holders are able to make repayments despite inflationary and interest rate pressures.

Home owners are being pushed to extremes due to mortgage stress, a new survey has revealed.

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”.

As the cash rate heads towards a more normalised setting, borrowers are beginning to think twice about higher loans, according to the home loans marketplace Joust.

While interest rates may be at their peak, borrowers may still feel pressure before rate cuts happen, David Koch has said.

While a multibillion-dollar cost of living package formed the centrepiece of the federal budget, new research reveals one in three borrowers are on the brink of financial stress.