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Should you be worried that non performing loans are on the rise

APRA reported that residential housing loan ADI exposures continued to power on, up to $1.49 trillion in the December quarter (and beyond $1.5 trillion in January). Owner-occupied loans totalled $971 billion, comprising 65 per cent of outstanding residential property exposures, an increase of $86.5 billion or 9.8 per cent from the prior year.   Meanwhile,…

mortgages interest
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RBA Survey: Experts predict home loan rates set to lift, but don’t blame the RBA

With increasing sentiment of a positive economic outlook, the Reserve Bank is likely to sit on the sidelines at tomorrow’s board meeting (Tuesday, 7th March) and impose no cash rate change for March, according to finder.com.au. finder.com.au’s RBA cash rate survey, the largest of its kind in Australia, shows all 38 experts and economists believe…

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