On average prices, were down 10.7 per cent in Sydney and 9.9 per cent in Melbourne over the same period. “Meanwhile, a large number of interest-only mortgages are due to convert to principal and.
The number of ‘liar loans’ exceeds original estimates. was "very low", particularly for high costs cities like Sydney and Melbourne. The Australian Prudential Regulation Authority recently warned.
Residents of the job-rich inner cities of Sydney, Melbourne and Canberra are the most up-to-date on their mortgages across.
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Westpac has reported a rise in the number of people missing mortgage payments amid a sluggish economy and a soft housing market. Australia’s second-largest bank on Monday said 90-plus-day.
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