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Home loan arrears level now stable

August 8, 2017

The number of home loan arrears has levelled out, breaking a two-year trend, according to analysts from S&P Global Ratings. In its regular monthly report, RMBS Arrears Statistics: Australia, the rating agency said delinquent housing loans underlying Australian prime residential mortgage-backed securities (RMBS) stayed stable at 1.21% in May, unchanged from April. However, while this level […]

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