The postcodes most at risk of mortgage defaults as interest rates rise - Daily Mail

Credit ratings agency Moody's Investors Service is warning multiple interest rate rises will cause mortgage defaults and a fall in property prices. The Reserve Bank is expecting to inflict more pain in 2022.

A credit ratings agency has predicted a spike in mortgage defaults will particularly hit Australians in the outer suburbs of the big cities when interest rates keep rising.  The Reserve Bank of Aust… [+8123 chars]

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