More mortgage borrowers getting falling behind on
Queensland homeowners are more likely to be behind on their mortgage repayments than borrowers in other states according to the latest Fitch Ratings Mortgage Delinquency Report.
Western Australia is the best performing state with only 1.31 per cent of its mortgage loans being paid late.
Fitch reported that mortgage delinquency rates in all mainland states had worsened since the end of September last year.
Lynbrook and Melton in Victoria have replaced Cessnock in New South Wales as the postcode with the highest rates of home loan arrears.
Source: Adelaide Advertiser