Mortgage Deferral

More Than Half Of All The Paused Mortgages Yet To Resume Their Repayments

personOtto Dargan access_timeNovember 2, 2020

At the height of the COVID-19 pandemic, around 500,000 mortgage repayments (1 in 11 mortgage holders) were deferred. Six months later, almost half (45%) of all deferred mortgages have resumed repayments, based on data collected by the Australian Banking Association from seven...

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