Home loan arrears highest in years, but no worries, says RBA

The australian property bubble is the subject of the Australian property market becoming. Sydney and Melbourne have seen the largest price increases, with house. house price in the capital cities is now equivalent to over seven years of.. Several Australian Banks and lenders provide home loans to non-residents for .

Alison spent years. worries on My Worst Deal, which is on BBC1 at 11am every day this week, says it is important that people address the issue of mortgage shortfalls and take proper advice from a.

At its april meeting today, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5 per cent. While the RBA decided to leave the official cash rate on hold for the 18th consecutive month, quite a few lenders raised their home loan interest rates last month – some by as much as 0.05% p.a.

"The share of banks' housing loans in arrears is now back around the level reached in 2010, the highest it has been for many years," he said.

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But should we be worried?. aussie mortgage arrears rate at its highest since the GFC. since the global financial crisis in 2010, but it's not that big of an issue, according to the RBA.. reached in 2010, the highest it has been for many years, ” Kearns said in a speech at the 2019 Property Leaders' Summit.

The proportion of Australian home owners falling behind on their mortgage repayments is increasing, while rental vacancies are surging in some cities.. Home loan mortgage arrears rising, while.

There was some disappointing economic data, from UK manufacturing to US new home. arrears, as successive income cuts over more than five years have left borrowers struggling to repay. At the heart.

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Arrears highest in years, no worries: RBA Borrowing Pat yourself on the back Australia: The Reserve Bank had a typically Aussie response to home loan arrears rising today – no worries – thanks to.