Repayments resume
22,480 housing loans remained on deferral as at February 2021, and some will need to go on to hardship arrangements as the JobKeeper stimulus is soon to be snapped off.
Still this is a vast improvement., and the improvement has been accelerating.
From the ABA here (or click on the image below):
Good news for those needing to refinance: mortgage rates continued to decline in January, according to the Reserve Bank's indicator lending rates.
More to come in February too.
