Mortgage arrears drop Australia wide

The amount of Australians who’ve fallen behind on their home loan repayment has decreased, as indicated by Standard and Poor’s (S&P) most recent RMBS Arrears Statistics report. Reprobate housing loans in Australian prime residential mortgage-backed securities (RMBS) have tumbled to only 1.00% in November, down from 1.04% in October. S&P said home loans that were […]

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