Fitch Ratings have released some data that show an unexpected increase in mortgage delinquency in Victoria, with some Melburnians struggling to keep up repayments on their mortgage.
News
Some investors who are deciding to self-manage their super by investing in property are coming unstuck despite boom property conditions and record low interest rates.
The Reserve Bank raised some eyebrows this week when it made comments that renting could work out cheaper than buying a home.
The minutes of the RBA’s most recent meeting have been released, and they continue to be keen for interest rates to remain unchanged for the short to mid term.
Former chief of the Commonwealth Bank David Murray is heading an inquiry that is canvassing ideas to curb the dominance of the country’s $1.3 trillion mortgage market by the major banks.
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