Mortgage arrears climb for seventh consecutive month
The latest data from Centrix indicates 18,900 home loan accounts were in arrears.
Nicholas Pointon
Tue, 04 Apr 2023
The number of households falling behind on their mortgage payments continues to increase due to a combination of high inflation and rising interest rates.
The latest monthly report from credit reporting firm Centrix shows the number of mortgages in arrears rose to 1.29%, which represents about
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Nicholas Pointon
Tue, 04 Apr 2023
Contact the Writer: nicholas@nbr.co.nz
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