Tag Archive for home equity

Report shows 311,000 of mortgage holders in Australia have been identified as having little or no real equity in their home

According to findings from the latest Roy Morgan ‘State of the Nation-Spotlight on Finance Risk’ report, 6.8% (311,000) of mortgage holders in Australia have been identified as having little or no real equity in their home. This is based on the fact that the value of their home is only equal to or less than…