Mortgage arrears drop Australia wide

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. ... More