More Australians are behind on their housing loans, how worried should we be?
- Written by Harry Scheule, Associate Professor, Finance, UTS Business School, University of Technology Sydney
It's hard to calculate the risk from rising mortgage delinquencies.Shutterstock.comThe number of Australians who are 30 days behind in their mortgage payments is at the highest level in three years, according to ratings agency Moody’s. It projects this will keep rising.
The question is, how worried should we be?
The increase in mortgage...
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