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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A Narrow Path
7 Jun 2023
Speech
PDF
949KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-06-07.pdf
22/09/2020 New Financial Statistics: The Value of Sound Data ...
22 Sep 2020
Speech
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172KB
We also now have more comprehensive data on mortgages with a fixed interest rate. ... They are also used in the Mortgage Calculator on the Australian Securities and.
https://www.rba.gov.au/speeches/2020/pdf/sp-so-2020-09-17.pdf
The Stance of Monetary Policy in a World of Numerous Tools
21 Oct 2020
Speech
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258KB
This in turn affected rates oncorporate bonds, mortgages and other financial products that reference different points along theyield curve. ... This was clearly evident in the. [6]. mortgage market, where banks have competed for new high-quality
https://www.rba.gov.au/speeches/2020/pdf/sp-ag-2020-10-20.pdf
11/20/2017 Australian Property – Financial Stability and Foreign Involvement ...
20 Nov 2017
Speech
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265KB
Interest-only loans can beno more than 30 per cent of new mortgage lending. ... The high level ofhousehold mortgage borrowing also brings risks, both for lenders and households.
https://www.rba.gov.au/speeches/2017/pdf/sp-so-2017-11-20.pdf
Monetary Policy in 2020
24 Nov 2020
Speech
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404KB
Turning to mortgage rates, there was a marked decline in fixed rates in March. ... These declines in mortgage rates have boosted the cash flows of households with mortgages.
https://www.rba.gov.au/speeches/2020/pdf/sp-dg-2020-11-24.pdf
10/09/2018 The Evolution of Household Sector Risks | Speeches ...
10 Sep 2018
PDF
276KB
So the Australian bankingsystem is potentially very exposed to a decline in credit quality of outstanding mortgages. ... The dashed line represents the total mortgage debt less balances in ‘offset’ accounts.
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-09-10.pdf
Opening Statement to the Senate Select Committee on the Cost of Living
5 Jun 2023
Speech
PDF
210KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-02-01.pdf
Inflation and Recent Economic Data
8 Mar 2023
Speech
PDF
904KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-03-08.pdf
Today's Reduction in the Cash Rate
5 Jun 2019
Speech
PDF
504KB
There are often reasonableexplanations for why the standard variable mortgage rate does not move in lock-step with the cashrate. ... And thatis: Yes, this reduction in the cash rate should be fully passed through to variable mortgage rates.
https://www.rba.gov.au/speeches/2019/pdf/sp-gov-2019-06-04.pdf
11/29/2018 Securitisation and the Housing Market | Speeches | ...
28 Nov 2018
PDF
441KB
Thesemarkets are closely related and both are of considerable interest to those that issue and those thatinvest in Australian residential mortgage-backed securities (RMBS). ... Along the way, I'll make use of data on residential mortgages from RMBS that
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-11-26.pdf