Home loan arrears highest in years, but no worries, says RBA

Reserve Bank says Mortgage arrears rate at highest rate since Global Financial Crisis.. says RBA. Picture: Bianca De. Home prices over the year were up 0.8 per cent in Adelaide and 4.6 per.

Calabria Says Let Fannie/Freddie Make More Profit But what would Calabria bring to the FHFA and what might that mean for the future of Fannie Mae and Freddie Mac?Those in the know are not quite so sure yet. Calabria, a long-time housing reform.

Wage Growth projections from the RBA. Supplied "Over coming years. says the pair will hold "extended" talks at the G20 in Japan. Japan’s meteorological agency said the quake registered 6.8 and.

A Moody’s Investors Service analysis of prime residential mortgage-backed securities showed loans 30 days or more in arrears rose in the June. Total investor loans rose to their highest level in.

Home loan arrears are the highest in years but at this stage pose no threat to financial security, according to the RBA’s head of financial stability Jonathan Kearns. The figures are being driven by prevailing economic conditions and tighter lending standards.

Jaume Duch Guillot says the figure, which excludes Britain, is the highest in at least 20 years and reverses years of steady decline. U.K. figures are expected later Sunday evening, as final tallies roll in for an election that both centrist parties and the far-right have portrayed as a referendum on sovereignty and the European Union.

The RBA says arrears are still well below levels reached in the early 1990s economic recession.. has reached levels last seen in 2010, the highest for many years.. advanced economies, and more than 99 per cent of housing loans.. A while ago the mantra was nothing to worry about with housing as.

2 Myths Holding Back Home Buyers 2 Myths Holding Back Home Buyers 2 Myths Holding Back home buyers freddie mac recently released a report entitled, "Perceptions of Down Payment Consumer Research." Their research revealed that, "For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of homeownership.Myth #1: “I Need a 20% Down Payment” Buyers often overestimate the funds needed to qualify for a home loan. According to the same report: 22% of renters and 31% of homeowners believe lenders require 20% or more of a home’s sale price as a down payment for a typical mortgage today. And,

The Reserve Bank had a typically Australian response to home loan arrears rising today – no worries – thanks to the phenomenal chunk of Aussies blitzing mortgages ahead of schedule. Reserve Bank of Australia’s head of financial stability [.]

It is now significantly cheaper to buy a home than rent one in Biloela, with the report estimating it would take only 2.5 years to save a 20 per cent deposit. “Anywhere around the mining areas have.

There are more interesting articles, commentaries and analyst reports on the Web every week than anyone could read in a month. Each Saturday morning I like to share some of the ones I’ve read during the week.