A lot has happened in the mortgage market over the last couple of months, with several lenders lifting the interest rates. Moving forward, many economists believe rates will rise further…
Borrowers are Keeping Up
Australian Mortgage Arrears Fall: What This Means For Home BuyersFewer Australians are falling behind on their home loan repayments. In fact, the share of Australian mortgage arrears running 30-89 days late dropped from 0.66% in June 2024 to 0.55% in June 2025, according to APRA, the banking regulator.Put simply, that...
Rising Offset Savings
Borrowers are putting more money into offset accounts – and that’s cutting the interest they pay on their home loans. On average, borrowers in the June quarter had $11,435 in offset for every $100,000 they owed on their home loan – up from $10,647 the year before, according to Australia's banking...