At CoastFin, we’re always keeping an eye on the trends that affect our clients across the Central Coast. And right now, there’s some good news: fewer Australians are falling behind on their mortgage repayments.
According to the latest data from APRA (the Australian Prudential Regulation Authority), the number of home loans running 30–89 days late dropped from 0.66% in June 2024 to just 0.55% in June 2025. That means more than 99 out of every 100 borrowers are up to date – a strong sign that households are managing their finances better.
What’s Driving the Improvement?
Several factors are helping borrowers stay on top of their loans:
- Lower interest rates in 2025 have eased repayment pressure.
- Many households are budgeting more effectively, prioritising mortgage repayments.
- Borrowers are making smarter choices with new loans.
Changing Loan Behaviours
The data also shows a shift in how people are approaching new mortgages:
- Bigger deposits: Nearly 70% of borrowers in June 2025 had a deposit of at least 20%, up from 68.1% the year before. This gives borrowers more equity and reduces risk.
- Stretching borrowing power: 5.5% of new loans had a debt-to-income ratio of six times or more, up from 5.0% in 2024. This suggests some buyers are pushing their limits to secure the property they want.
These trends show that while most borrowers are in good shape, people are taking different paths – some prioritising safety and equity, others focusing on maximising buying power.
How You Can Stay Ahead of Your Loan
Whether you’re a first-time buyer, upgrading your home, or refinancing, here are a few tips to help you stay on top of your mortgage:
- Review your loan regularly – Interest rates and products change. A quick review could save you thousands.
- Consider refinancing – If your current loan isn’t working for you, refinancing might offer better rates or features.
- Make extra repayments – Even small additional payments can reduce your loan term and interest.
- Build a buffer – Having a few months’ worth of repayments saved can give you peace of mind.
- Talk to a broker – That’s where we come in.
Let’s Chat About Your Loan Strategy
At CoastFin, we’re here to help you make confident, informed decisions about your mortgage. Whether you’re planning a new purchase or want to explore refinancing options, we’ll tailor a strategy that suits your goals and lifestyle.
📞 Get in touch today to book a free consultation – and let’s make sure your loan is working for you, not the other way around.
