Healthy inflation data should help ease mortgage pain
9 Articles
9 Articles
Mortgage stress drops after first RBA rate cut in February - Financial Newswire
The latest data from Australian research firm, Roy Morgan, has indicated that the number of mortgage holders ‘At Risk’ of mortgage stress has declined for the second consecutive month by 1.2 per cent, following the Reserve Bank of Australia’s (RBA’s) first policy easing decision in over four years. After the RBA’s 0.25 per cent rate cut to 4.1 per cent in February, the share of mortgage holders considered by Roy Morgan to be ‘At Risk’ of mortgag…
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