Sydney-siders top for mortgage stress

If you've got a home loan and you live in Sydney, then unfortunately you win as belonging to the group of Australians suffering most from mortgage stress at the moment. Mortgage holders in Brisbane and Melbourne, on the other hand, are apparently in the best situation, all according to a recent Moody's survey. Sydney-siders with a mortgage have the highest rates of delinquency, defined in the survey as being more than 30 days behind with repayments (in other words, missing one or more mortgag...
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House prices rise and fall across Australia

Australian mortgage holders in some parts of the country might have become a little nervous this week, with new statistics out showing that the value of Australian houses and units has dropped in some cities - in particular, in Brisbane (by 3.3 per cent) and Perth (by 2.5 per cent) for houses, and in Canberra (by 2.7 per cent) and Perth (by 2.5 per cent) for units, over the three months to the end of July, according to the RP Data-Rismark International quarterly index. In other cities, home owne...
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