Mortgage News Recap
Sunday, May 25th, 2008The recap of this weeks mortgage, home loan and housing news in Australia.
Here is top stories for the week ending 25/05/08:
Prime mortgage market delinquencies up
SMH
Credit ratings agency Fitch Ratings says the Australian prime mortgage market showed an increase in 30-plus day delinquencies , increasing to 1.31 per cent in the quarter, from 1.07 per cent at December 31, 2007.They also state that levels of prime mortgage market delinquencies in Australia were still low by international standards. View Story » (more…)
Possibly Related Posts:
- Australians love mortgages much more than 20 years ago
- New Reserve Bank rise means we’ll pay more on our mortgages
- Want to be a first homeowner? Affordability study says you’re too late
- Mortgage repayment problems on the rise
- Banks warned not to raise our mortgage rates again
