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.
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Australian Fixed Income Markets – Recent Developments and a Look Ahead
5 Jun 2023
Speech
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1477KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-05-24.pdf
Talk to CEDA Economic and Political Overview 2008
18 Mar 2010
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125KB
4). These forces, and the ongoing fall-out from the sub-prime crisis, could continue to dampen the US economy for a while yet.
https://www.rba.gov.au/speeches/2008/pdf/sp-ag-190208.pdf
US Monetary Policy and Australian Financial Conditions
10 Dec 2018
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338KB
The obvious solution here is for her to receive rent on her New York propertyand use it to pay her US dollar mortgage. ... As a result, she can reduce the risks associated with servicing a US mortgage with anAustralian dollar income.
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-12-10.pdf
Opening Statement to the House of Representatives Standing Committee on Economics
9 May 2022
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197KB
In particular, the newly published data show that households that took out their mortgage four orfive years ago are paying noticeably higher interest rates than those who took out their mortgagemore
https://www.rba.gov.au/speeches/2020/pdf/sp-gov-2020-02-07.pdf
The Recovery from a Very Uneven Recession
15 Oct 2020
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383KB
For many people with a mortgage, much of the extra savings and some of the superannuationwithdrawals have been used to increase their balances in their offset accounts, with offset balancesup 10 ... Other people have simply paid down principal directly.
https://www.rba.gov.au/speeches/2020/pdf/sp-gov-2020-10-15.pdf
Climate Change and Central Banks
31 Aug 2023
Speech
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1101KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-dg-2023-08-29.pdf
Australian Fixed Income Securities in a Low Rate World
21 Mar 2018
Speech
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402KB
Issuance of residential mortgage-backed securities (RMBS) was particularly strong in 2017. ... DiversityThe RMBS market is an important source of funds for mortgages issued by smaller competitors tothe major banks.
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-03-14.pdf
Australian Securities Markets Through the Pandemic
26 Nov 2021
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996KB
Spreads have also narrowed to their lowest levels since 2007. The lowlevels of bond issuance by banks have reportedly contributed to these narrow spreads, as investorsmoved into residential-mortgage backed securities
https://www.rba.gov.au/speeches/2021/pdf/sp-so-2021-11-23.pdf
02/10/2019 Remarks at Reserve Bank Board Dinner | Speeches ...
1 Oct 2019
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181KB
All up, the balances in mortgage offset accounts and redraw facilities amountto 16 per cent of outstanding housing debt.
https://www.rba.gov.au/speeches/2019/pdf/sp-gov-2019-10-01.pdf
The Economic Outlook
9 Nov 2022
Speech
PDF
738KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-dg-2022-11-09.pdf