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Australian housing finance data for April misses estimate

Australian housing finance data for April misses estimate
High interest rates are weighing on the sector. PIMCO is the latest I've seen to express concerns on Australian housing finance, says Australia is fast approaching a mortgage cliff for fixed rate mortgages that will place further pressure on households and the economy:PIMCOs base case is an Australian recession, expecting a soft landing is a fool’s paradise This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Jun 2 2023, 01:34
Author Name: forexlive
Views: 081375

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