Impact of Rising Mortgage Delinquency on Australian Borrowers
Friday, 21 June 2024, 02:30
![Daily Mail](https://store.livarava.com/bc44eeb1-2f76-11ef-ab81-0d95d4a28fb2.jpg)
Key Points:
The proportion of Australian borrowers falling behind on their mortgage is growing.
This trend is following a series of rate increases, adding pressure on homeowners.
Continued rise in unemployment may worsen the situation for mortgage holders.
Conclusion:
Australian homeowners need to be vigilant and proactive in managing their mortgage repayments in light of these developments.
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