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Rising Home Loan Arrears and Falling Dwelling Approvals Weigh on Aussie
The Australian dollar is feeling the strain of housing-related headlines today, with mortgage arrears on the rise and dwelling approvals on the decline. The S&P Global Ratings Agency claim that Australia’s prime and non-confirming mortgage arrears are on the rise, after a historic series of interest rate hikes. Whilst arrears remain beneath their long-term averages […] The post Rising Home Loan Arrears and Falling Dwelling Approvals Weigh on Aussie appeared first on Action Forex...
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Posted: Mar 2 2023, 07:19
Author Name: actionforex
Views: 112591