Home Loan Arrears Rising As Mortgage Deferrals End – The Urban Developer

Victorias Altona East has the dubious honour of being crowned the worst suburb for loan arrears, followed by Forrestfield and Byford in Western Australia.
Thomson said it was important that prudent lending standards were maintained to offset the risks associated with increasing household-debt-to-income ratio pressures where house price growth outstrips wage growth.
Data from the S&Ps RMBS Performance Watch: Australia Market Overview Victoria had the highest number of Covid-19 hardship mortgage deferrals…

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