Lower rates reducing mortgage stress

Roy Morgan reported from its survey of over 50,000 households per annum that those at risk of mortgage stress fell by some 78,000 from a year ago to 16.8 percent, to sit well below the decade average.

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Those 'extremely at risk' also fell to the lowest level in well over a decade, which is good to see. 

The high risk cohort overwhelmingly comprises lower income households, and is far less represented by households earning $100,000 per annum or more. 

PETE WARGENT is the co-founder of AllenWargent property buyers (London, Sydney) and a best-selling author and blogger.

His latest book is Four Green Houses and a Red Hotel.