Noosa News
Housing fears ease as majority of deferred loans get back on track
The majority of mortgage deferrals has been slashed by 66 per cent since its COVID-19 peak, according to ABA data from the seven largest banks.
Fears of a housing crisis spurred by an avalanche of deferred loans have dissipated with new data showing the majority of COVID-19 mortgage deferrals are back on track.
Latest figures released by the Australian Banking Association today showed the number of mortgage loan deferral had dropped 66 per cent since the COVID-19 peak earlier this year, to…
Continue Reading
