Tuesday, 21 June 2011

Region. Worst performing area

Fairfield-Liverpool is the worst performing area in the nation, for mortgage defaults, by the ratio of loans in arrears by 30 days, with 2.99 per cent now delinquent. Fairfield-Liverpool topped the list nationwide, with Outer South Western Sydney, Outer Western Sydney and Blacktown, in the top 10, according to a Fitch Ratings report. The Commonwealth Bank and Westpac are the most vulnerable to the rising number of missed mortgage repayments.



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