In a survey conducted in 2023, 53 percent of homeowners and investors with a mortgage stated that they are prepared for mortgage interest rates to remain at the current level into next year before potential rate cuts start. In contrast, 34 percent of homeowners and 38 percent of investors claimed that they were not.
Share of mortgage holders who feel prepared for higher interest rates in Australia in 2023
Characteristic
Homeowners with a mortgage
Investors with a mortgage
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Canstar Blue. (December 11, 2023). Share of mortgage holders who feel prepared for higher interest rates in Australia in 2023 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1358635/australia-share-of-mortgage-holders-who-feel-financially-prepared-for-higher-interest-rates/
Canstar Blue. "Share of mortgage holders who feel prepared for higher interest rates in Australia in 2023." Chart. December 11, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1358635/australia-share-of-mortgage-holders-who-feel-financially-prepared-for-higher-interest-rates/
Canstar Blue. (2023). Share of mortgage holders who feel prepared for higher interest rates in Australia in 2023. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1358635/australia-share-of-mortgage-holders-who-feel-financially-prepared-for-higher-interest-rates/
Canstar Blue. "Share of Mortgage Holders Who Feel Prepared for Higher Interest Rates in Australia in 2023." Statista, Statista Inc., 11 Dec 2023, https://www.statista.com/statistics/1358635/australia-share-of-mortgage-holders-who-feel-financially-prepared-for-higher-interest-rates/
Canstar Blue, Share of mortgage holders who feel prepared for higher interest rates in Australia in 2023 Statista, https://www.statista.com/statistics/1358635/australia-share-of-mortgage-holders-who-feel-financially-prepared-for-higher-interest-rates/ (last visited August 24, 2024)
Share of mortgage holders who feel prepared for higher interest rates in Australia in 2023 [Graph], Canstar Blue, December 11, 2023. [Online]. Available: https://www.statista.com/statistics/1358635/australia-share-of-mortgage-holders-who-feel-financially-prepared-for-higher-interest-rates/