ANZ chief’s dire warning for homeowners
Homeowners are feeling the pinch of the cost-of-living crisis, with the number of loans past due at ANZ increasing double digits.
Homeowners are feeling the pinch of the cost-of-living crisis, with the number of loans past due at ANZ increasing double digits.
With fears interest rates are going to remain higher for longer, one family faced being trapped in mortgage prison for a bizarre reason.
Aussie homeowners thought interest rate hikes were over but now alarm bells are sounding again.
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
Homeowners can rejoice as they have been given a brief reprieve after the central bank paused interest rates for the first time in nearly a year.
Nearly 900,000 Australians are facing a big shock as their cheap fixed-rate home loan period expires – regardless of what the RBA does today.
The signs are already there that higher interest rates are going to come sooner than expected.
Original URL: https://www.themercury.com.au/business/economy/interest-rates/page/92