APRA rings alarm on mortgage reset shock - MacroBusiness

As noted yesterday, a large proportion of mortgages originated in 2021 were at high debt-to-income ratios of six or above: To add insult to injury, many of these buyers would have purchased at rock bottom fixed mortgage rates around 2%, as illustrated in the …

As noted yesterday, a large proportion of mortgages originated in 2021 were at high debt-to-income ratios of six or above: Aussie borrowers leveraged-up in 2021. To add insult to injury, many of th… [+1714 chars]

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