The Traderszone Network

Published in TZ Latest News 18 September, 2016 by The TZ Newswire Staff

Fitch: Surprise jump in Australian mortgage arrears, may be due to high underemployment

The latest from Fitch
– 4bp rise in mortgage arrears, to 1.14% in Q2 of 2016
– Fitch says it’s a surprise given the strong economic environment, appreciating housing market, low-interest-rates and low-but-positive real wage growth