In a survey conducted in 2022, 32 percent of homeowner mortgage holders stated that they felt that they would need to cut their living costs further in order to be able to afford higher interest rates in 2023. Conversely, 32 percent of investors with a mortgage felt that they were ahead on their loan repayments and had built a buffer, to be able to afford higher interest rates.
Distribution of mortgage holders who feel financially prepared to repay mortgage loans in Australia in 2023
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Canstar Blue. (December 13, 2022). Distribution of mortgage holders who feel financially prepared to repay mortgage loans in Australia in 2023 [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1358641/australia-share-of-mortgage-holders-who-feel-financially-prepared-to-repay-mortgage-loans/
Canstar Blue. "Distribution of mortgage holders who feel financially prepared to repay mortgage loans in Australia in 2023." Chart. December 13, 2022. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1358641/australia-share-of-mortgage-holders-who-feel-financially-prepared-to-repay-mortgage-loans/
Canstar Blue. (2022). Distribution of mortgage holders who feel financially prepared to repay mortgage loans in Australia in 2023. Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1358641/australia-share-of-mortgage-holders-who-feel-financially-prepared-to-repay-mortgage-loans/
Canstar Blue. "Distribution of Mortgage Holders Who Feel Financially Prepared to Repay Mortgage Loans in Australia in 2023." Statista, Statista Inc., 13 Dec 2022, https://www.statista.com/statistics/1358641/australia-share-of-mortgage-holders-who-feel-financially-prepared-to-repay-mortgage-loans/
Canstar Blue, Distribution of mortgage holders who feel financially prepared to repay mortgage loans in Australia in 2023 Statista, https://www.statista.com/statistics/1358641/australia-share-of-mortgage-holders-who-feel-financially-prepared-to-repay-mortgage-loans/ (last visited December 18, 2024)
Distribution of mortgage holders who feel financially prepared to repay mortgage loans in Australia in 2023 [Graph], Canstar Blue, December 13, 2022. [Online]. Available: https://www.statista.com/statistics/1358641/australia-share-of-mortgage-holders-who-feel-financially-prepared-to-repay-mortgage-loans/
