Home owners are increasingly falling into arrears on their bonds
30 July 2008 · Staff Writer
Arrears on home bonds set to double
By Roy Cokayne and Ethel Hazelhurt
From Business Report
The number of home owners who are at least one month in arrears on their mortgage repayments would have more than doubled to 55 000 between January and September, research based on data from the major banks has shown.
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