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S&P: Mortgage arrears rise in NSW and VIC

November 27, 2018 - 00:14 -- Admin

Via S&P: Australian prime home loan arrears fell in September, according to a recently published report from S&P Global Ratings. The Standard & Poor’s Performance Index (SPIN) for Australian prime mortgages, declined to 1.33% in September from 1.36% in August. Arrears typically fall at this point in the annual cycle, though the current arrears level

The post S&P: Mortgage arrears rise in NSW and VIC appeared first on MacroBusiness.

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