Last month, more than one million households, or 31.6 per cent of owner-occupied dwellings, across Australia struggled with mortgage stress, up 0.6 per cent from last month, according to data from Digital Finance Analytics (DFA).
Property prices in syd and mel are falling fast...
Will the banks be mr nice if Joe has borrowed $700,000 but the house is now worth $550,000???
Australia might be heading toward economic recession.
2-3 extra rate cuts in the next 12 months, and that would certainly reflect recession-like conditions.
The above scenario creates uncertainty.
Any way, this deal is a win win for CUP.
In relation to you, well done to be ahead 12 months.
Wish everyone were like you but they are not.
CUP Price at posting:
66.5¢ Sentiment: Buy Disclosure: Held
