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 ....