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Moody’s: Aussie mortgage arrears rose in Q4

March 22, 2018 - 14:30 -- Admin

From Moody’s Investor services: The performance of Australian prime residential mortgage-backed securities (RMBS) deteriorated over the three months ended 31 December 2017 (Q4 2017). Specifically, the 30+ day delinquency rate for prime RMBS increased slightly to 1.51% at 31 December 2017 from 1.50% at 30 September 2017 and 31 December 2016 respectively. Delinquency rates increase

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