Mortgages

The RBA's latest Financial Stability Review largely painted a picture of unexpected resilience, but the news is ominous for some borrowers.

Over the past year, the number of households that have fallen a month or more behind in mortgage repayments has increased in every state and territory

The most rapid decline in home prices in recent history is now fully reversed, with national prices returning to their peak.

Around 150,000 households will tip over the $95 billion fixed-rate cliff as their deals expire, throwing many into financial uncertainty.

And new research suggests the RBA may have their hand "forced" on further rises.

A staggering 20 years is needed to save for the average house in New South Wales, and 16 years for the average unit, the Finder analysis has revealed.

New data suggests Australians may be equipped to handle moving to variable rates.

But the Reserve Bank of Australia has foreshadowed further pressure on mortgage holders.

Pausing rates for a second month running, the central bank said it was closely watching a slowing rate of inflation and an easing of consumer spending.

The mum said she would pay off her house so she could focus on getting her children set up and "giving them opportunities".

The cost of mortgage repayments have hit historical highs, but the RBA is still mulling further rate rises.

New research reveals just how long you have to work to afford an average home loan repayment.

The Reserve Bank of Australia (RBA) has left interest rates on hold at 4.1 per cent, but has warned that more hikes will be needed to contain inflation.

Homeowners haven't struggled this much since the Global Financial Crisis.

The majority of the big banks are expecting a further 0.25 per cent to be added to the cash rate - but experts are split.

About 70 per cent of Australia's mortgage holders are worried about meeting their repayments, with younger people feeling the pinch in particular, new research has found.

The First Home Buyers Assistance Scheme has raised the threshold for stamp duty exemptions for first home buyers.

With around half of all fixed-rate loans expiring this year, many Australians will see their mortgage repayments more than double.

A bleak new study has revealed that the average Australian is in more than $20,000 worth of personal debt, equating to over $70 billion nationwide.

Australia's $2.2 trillion economy is sitting on a knife edge with a 50-50 chance of tipping into recession in the next 12 months, says a leading economist.

The Reserve Bank of Australia has delivered a shock 12th rate hike since May last year, deciding to lift interest rates in a bid to tackle persistently high inflation.

Mortgage arrears are slowly climbing across the country as borrowers continue to be hit with consecutive interest rate rises on top of skyrocketing cost of living pressures.

Stubborn inflation may be a big enough concern for the central bank to lift the cash rate when it meets next week.

New research suggests young Australians are set to remain reliant on the bank of mum and dad to get their foot on the property ladder.

Food prices and energy prices have soared the past year, leaving many households struggling to cope with rising mortgages and rents.

Westpac will be lowering its stress test for certain refinancing applicants in a bid to help borrowers out of mortgage prison.

Although there was little in last night's budget for millions of homeowners struggling under the weight of 11 recent interest rate hikes - one small detail could mean the end is over.

Although interest rates are now close to their forecast peak, the bank has warned that Australians face more stress ahead.

More interest rate rises are forecast for already embattled Aussie homeowners but renters also face steep price increases.

Calls for a regulation change are growing, as 11 interest rate hikes see more and more Aussies trapped out of negotiating for a better rate.

The Commonwealth Bank has passed on the Reserve Bank of Australia's (RBA) interest rate hike in full, marking the last of the big four banks to do so.

Hundreds of thousands of borrowers are set to be hit with another burst of hip pocket pain.

The RBA should meet less frequently and decisions on interest rates should be made by a new board including external experts, a review has found.

9news.com.au spoke with a group of young Australians who still hope to buy a home but sky-high prices are making it unattainable.

There is a warning today the Reserve Bank may have to begin slashing interest rates by the end of the year due to an economic downturn.

The RBA might have paused its carnival of rate hikes this month but that's no consolation for anyone with a big mortgage and a variable rate home loan.

Households on lower incomes, renters and recent borrowers with large debts are the most at risk of financial stress after the Reserve Bank of Australia aggressively hiked interest rates.

Economist believes the property market is "signalling that it's a good time to buy".

While interest rate hikes have taken a well-needed pause, inflation and cost of living pressures are still causing Australian homeowners grief.

Canstar research revealed homebuyers' wages are falling up to $145,000 short to buy a home without suffering mortgage stress in the country's capital cities.

A new report has cautioned that a small rise in property values is likely just a blip and that the market is yet to bottom out.

Home values have dropped by 7.9 per cent in the past year and with interest rates continuing to rise, this slump may not be over quite yet.

The tenth consecutive interest rate rise is bad news for borrowers whose monthly repayments on a $500,000 loan have increased by $1051 since April 2021.

With inflation stubbornly high, wage growth stagnate and rental prices on the rise, Australians are feeling the pinch in a way many have never experienced before.

The official cash rate has been increased to 3.6 per cent as the RBA desperately battles to bring down spiralling inflation.

Australians are bracing for a 10th consecutive interest rate rise as the Reserve Bank of Australia meets later today.

Borrowers on the precipice of a fixed-rate cliff are facing the difficult decision about whether to shop around for a better rate or wait and see how the economic landscape fares but experts warn the latter could have "costly" consequences.

New research shows Australia's housing market slump is bottoming out.

Borrowers are forecast to become increasingly trapped in their mortgages after Australia's financial regulator decided to keep a high buffer on home loans to prepare for future rate rises.

The biggest impacts were felt by parents and those aged under 44.