Global ratings agency Moody’s says Australia’s housing affordability crisis is worsening, with record-high debt levels exposing borrowers to greater risk of defaults

Many borrowers (particularly investors) are mad, they have exposed themselves to large amounts of debt, just because at a moment in time rates are low, without sufficient consideration for future cost of debt. Rates will rise again. Interest only and investment loans are case in point. Lenders borrowing capacity calculators have changed significantly, making it […]