Search: Sub-prime mortgage
RBA Glossary definition for Sub-prime mortgage
Sub-prime mortgage – While there is no precise definition of sub-prime mortgages, in the United States, they are typically loans made to borrowers with impaired credit histories, which might include one or more payment defaults, a previous loan foreclosure, or bankruptcy.
Search Results
Commercial Property and Financial Stability - An International Perspective
8 Jun 2010
Bulletin
PDF
254KB
Reserve Bank of Australia Bulletin June 2010
https://www.rba.gov.au/publications/bulletin/2010/jun/pdf/bu-0610-4.pdf
Housing Equity Withdrawal
17 Feb 2003
Bulletin
PDF
435KB
2. Repayments of mortgage principal. 3. When moving houses, an owner-occupierincreases the mortgage by less than thedifference in the prices of the old and newhome. ... In. Graph 2. 4. Canner G, K Dynan and W Passmore (2002), ‘Mortgage Refinancing in
https://www.rba.gov.au/publications/bulletin/2003/feb/pdf/bu-0203-2.pdf
The Effects of Funding Costs and Risk on Banks’ Lending Rates
16 Mar 2011
Bulletin
PDF
225KB
Reserve Bank of Australia Bulletin March 2011
https://www.rba.gov.au/publications/bulletin/2011/mar/pdf/bu-0311-6.pdf
Household Debt: What the Data Show
19 Mar 2003
Bulletin
PDF
82KB
In Australia, this practice iswidespread given the predominance ofvariable-rate mortgages. The Distribution of DebtAcross Households. ... All households. Total Mortgage RepaymentsPer cent of household disposable income. HES 1998/99%.
https://www.rba.gov.au/publications/bulletin/2003/mar/pdf/bu-0303-1.pdf
Bulletin
29 Jan 2024
Bulletin
- January 2024
PDF
5775KB
https://www.rba.gov.au/publications/bulletin/2024/jan/pdf/bulletin-2024-01.pdf
Insights from the Household Expenditure Survey
15 Dec 2011
Bulletin
PDF
981KB
Reserve Bank of Australia December Bulletin 2011
https://www.rba.gov.au/publications/bulletin/2011/dec/pdf/bu-1211-1.pdf
Recent Developments in Low-deposit Loans
13 Oct 2003
Bulletin
PDF
60KB
The prospect of eventual access tothe mainstream mortgage market is theprimary incentive for borrowers to opt forvendor financing. ... R. 4. A number of banks now provide ‘low documentation’ mortgages to people with poor credit records.
https://www.rba.gov.au/publications/bulletin/2003/oct/pdf/bu-1003-1.pdf
Do Australian Households Borrow Too Much?
16 Apr 2003
Bulletin
PDF
85KB
A similar process is seen with newlending products such as home equity loansand mortgages with a redraw facility. ... Currently, about 6 per cent ofhousehold disposable income is devoted toservicing the interest cost of mortgages.
https://www.rba.gov.au/publications/bulletin/2003/apr/pdf/bu-0403-2.pdf
Bank Fees in Australia
29 Jan 2024
Bulletin
- January 2024
PDF
832KB
https://www.rba.gov.au/publications/bulletin/2024/jan/pdf/bank-fees-in-australia.pdf
Retail Banking, Technology and Prudential Supervision
30 Sep 2002
Bulletin
PDF
56KB
Mortgage managers arecurrently responsible for around 9 per cent ofnew housing finance commitments, comparedwith a negligible share only a few years ago. ... Along withsuperannuation funds, however, insurancecompanies are major holders of the
https://www.rba.gov.au/publications/bulletin/1996/may/pdf/bu-0596-2.pdf