Fitch: Mortgage arrears stable

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Fitch has released its quarterly Dinkum Index and RMBS mortgage arrears are up slightly with 30 days arrears up 2 bps at the end of 2013.

30-59 and 60-89 days arrears rose by 1bps and 2bps respectively, 90+ days arrears improved by 1bps.

1.21% of total loans are behind on repayment.

 

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Comments

  1. Yeah it’s pretty uninteresting to hear arrears are at 4 year lows while interest rates are at record lows