High Debt-to-Income Lending Since 2019: The Share, the Rate Cycle and the New Limit
In the June quarter 2026, 5.4% of new home lending was written at six times the borrower’s income or more, against 23.8% at the December 2021 peak. Investors sat at 8.9% and owner-occupiers at 3.7% in the first full quarter...
