Mortgage Pain: The Suburbs On The Edge Home ...

WESTERN Sydney became the nation's breeding ground for low-doc and predatory lenders during the peak of the property boom and residents are now paying the price, with the highest rates of mortgage arrears and repossessions in the country, according to the Reserve Bank.

Home Buyers Wait On Bank Mortgage Relief

THE Reserve Bank is expected to deliver mortgage relief to more than 2 million households today by cutting official interest rates.