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1.Market Observations, 8.Was Sticky

11 Oct 2018 (AFR) – Mortgage delinquency rates highest in outer suburbs: Moody’s

(11 October 2018, AFR, p43, by Ingrid Fuary-Wagner)

Mortgage delinquency rates

Mortgage delinquency rates

‘Homeowners struggling to repay their mortgages are most likely to be found in the outer suburbs of Australia’s cities. A new report from Moody’s Investor Service found that, on average, delinquency rates were lowest within five kilometres of Australia’s CBDs and highest in neighbourhoods 30 to 40 kilometres away from city centres.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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