Tuesday, 28 April 2009

Region. Mortgage defaults high in the west

Katoomba, Greenacre, Guildford, Fairfield and St Marys are among the top areas defaulting on their mortgages by being a month in arrears, according to The Daily Telegraph. An analysis by the Parramatta-based UWS Urban Research Centre found areas along the M4, Windsor Road and Canterbury, and the Central Coast, were bearing the brunt of the recession.

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