Fall in monthly mortgage arrears indicates Kiwis adapting to inflationary environment - expert
"That sends a very positive signal to the market."
Source: newshub.co.nz
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"That sends a very positive signal to the market."
There's also been a jump in Kiwis taking out new credit cards.
Credit arrears and business liquidations are returning to pre-pandemic levels, with those behind in their repayments sitting around levels last seen four years ago, according to credit reporting firm Centrix.
Debt stress among young people and businesses rising, Centrix says, with borrowers aged under 25 appearing 'to be struggling quite consistently'
The Sarasota County Sheriff's Office has increased the number of deputies assigned to patrol the Legacy Trail.