Business

Mortgage Arrears Increase as Credit Demand Hit Pre-Covid Highs

[ad_1] Mortgage arrears increased for the second month in a row in November. The Reserve Bank shows that loans worth $ 2.6 billion remain deferred. Photo: 123rf Data from central credit reporting agency Centrix shows there are now 15,000 delinquent mortgages, 2,000 more than in September. When the pandemic first …

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