mortgage delinquencies on the rise

  1. Menta
    10,759 Posts.
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    16/03/11
    10:08
    Post #: 8060452
    Rising mortgage arrears in Australia fuel property concerns

    AUSTRALIAN mortgage delinquencies rose unexpectedly in the fourth quarter of 2010 and are likely to rise again in the first quarter of 2011, Fitch Ratings said today, adding more fuel to a growing debate on the sustainability of the country's booming property market.

    http://www.theaustralian.com.au/business/city-beat/rising-mortgage-arrears-in-australia-fuel-property-concerns/story-e6frg9no-1226022299376
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