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Rising Home Loan Arrears and Falling Dwelling Approvals Weigh on Aussie

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... Read More
Posted: Mar 2 2023, 07:19
Author Name: actionforex
Views: 112591

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