Moody's says not to worry about Australian mortgage delinquencies

  • Moody's rating agency weighing in on Australian mortgages

Moody's:

  • Australia's stabilising economic recovery will support steady mortgage performance
  • says Australia's mortgage delinquencies will hold steady in 2022 as economic conditions stabilise
  • forecast Australian GDP will grow 3.5% in 2022, which will underpin steady mortgage performance

There are a lot of concerned folks about re delinquencies, especially as rates are set to rise even further. But, say's Moody's, its all fine.

Oh ... Moody's? Wait ....

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