Page 21 - Keith Mclaughlin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Photo: 123RF Data out from the credit reporting firm Centrix shows a 10 percent increase in the number of mortgages in arrears in April, taking the total to about 11,900. The government-backed mortgage deferral scheme ended in March, prompting concerns that the level of arrears would rise sharply and possibly result in forced mortgagee sales. However, Centrix managing director Keith McLaughlin said the outlook was not as bleak as first thought. "I think [the level of mortgages in hardship] could have been a lot higher if there had not been as much co-operation between the lenders and the borr...

Mortgages in hardship rose 10% in April - Centrix © Getty Man holding New Zealand currency notes. The number of homeowners struggling to pay their mortgage increased last month but the situation is not as bad as first feared. Data out from the credit reporting firm Centrix shows a 10 percent increase in the number of mortgages in arrears in April, taking the total to about 11,900. The government-backed mortgage deferral scheme ended in March, prompting concerns that the level of arrears would rise sharply and possibly result in forced mortgagee sales. However, Centrix managing director Kei...

Home loan borrowers in financial hardship climbs 10pc 11 May, 2021 05:00 PM 5 minutes to read The numbers of home loan borrowers in financial hardship has risen 10 per cent. Photo / File The numbers of home loan borrowers in financial hardship has risen 10 per cent. Photo / File The number of home loan borrowers in financial difficulty has risen 10 per cent since the end of the government's mortgage deferral scheme. The scheme which was set up in response to the Covid-19 lockdowns amid concerns over pending job losses allowed borrowers to defer payment for up to six months a...

The regions with the best and worst credit scores revealed Newshub 2 hrs ago © Video - The AM Show; Images - The AM Show/Centrix Cameron Bagrie on The AM Show. An economist has credited actions taken by the Government and Reserve Bank last year with keeping Kiwis' credit scores high.  The latest Centrix Credit Indicator Outlook, out Tuesday, shows the average credit score nationwide is 649 - above where it was pre-pandemic. Economist Cameron Bagrie says New Zealand's low unemployment rate is behind the near-record score.  "The critical element here for credit scores - whether people ar...

By Erica Thomas, managing editor TRUSSVILLE — The Trussville City Council met for a joint workshop and regular meeting on Tuesday, March 9, 2021. During the meeting, a new school board member was appointed, the city approved improvements on Highway 11, and several other measures were approved. BOE MEMBER APPOINTMENT As part of the consent agenda, the council approved to appoint Sherrye Tolbert to the City Board of Education. Tolbert will replace Stan Garrett, whose term expires in May 2021. The appointment came after a new selection process led by Councilor Lisa Bright. A five-member commit...