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Moody’s: Mortgage delinquencies head for GFC highs

July 1, 2020 - 00:10 -- Admin

Via Moody’s Summary » The 30+ days delinquency rate for prime Australian residential mortgage-backed securities (RMBS) increased to 1.79% in March 2020 from 1.55% in December 2019 and 1.57% in March 2019. » Delinquencies will continue to increase in 2020 because of the economic disruptions caused by the coronavirus outbreak. Delinquencies will continue increasing over

The post Moody’s: Mortgage delinquencies head for GFC highs appeared first on MacroBusiness.

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