Home loan arrears highest in years, but no worries, says RBA

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Home Loan News. Man in the mirror. Kenneth Todd Posted in Home Loan News.. some of the stories and analogies are dated as the book has been in print a number of years.. Home loan arrears highest in years, but no worries, says RBA

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Arrears highest in years, no worries: RBA Borrowing Pat yourself on the back Australia: The Reserve Bank had a typically Aussie response to home loan arrears rising today – no worries – thanks to.

Interest rate cuts have pushed the number of people falling behind in their home loan repayments to the lowest level in more than 12 months. australian loan arrears dropping as rates fall

The mortgage arrears rate for Australian home owners is the highest it’s been in more than a year the latest Standard & Poor’s (S&P) Rating Services Mortgage Performance Index (SPIN) shows.

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Looking ahead, the ratings agency says that while the prospect of higher mortgage rates could lead to an increase in arrears, particularly among those with high loan-to-value ratios, stronger.

‘The share of banks’ housing loans in arrears is now back around the level reached in 2010, the highest it has been for many years.’ Australia’s economy is already growing at the slowest rate.

The proportion of Australian home owners falling behind on their mortgage repayments is increasing, while rental vacancies are surging in some cities.. Home loan mortgage arrears rising, while.

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Pat yourself on the back Australia: The Reserve Bank had a typically Aussie response to home loan arrears rising today – no worries – thanks to the actions of your. Home loan arrears highest in years, but no worries, says RBA

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