{"id":20673,"date":"2019-08-20T09:56:53","date_gmt":"2019-08-19T21:56:53","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=20673"},"modified":"2019-08-20T09:56:53","modified_gmt":"2019-08-19T21:56:53","slug":"westpac-sees-more-missed-mortgage-payments","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/westpac-sees-more-missed-mortgage-payments\/","title":{"rendered":"Westpac sees more missed mortgage payments"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0Westpac\u00a0<\/strong><\/p>\n<p class=\"css-vz0241\">Westpac has reported a rise in the number of people missing mortgage payments amid a sluggish economy and a soft housing market.<\/p>\n<p class=\"css-vz0241\">Australia&#8217;s second-largest bank on Monday said 90-plus-day delinquencies, the overall percentage of loans about three months overdue, were up eight basis points over the third quarter to 0.9 per cent.<\/p>\n<p class=\"css-vz0241\">The country&#8217;s housing market has been under immense strain, with housing prices having fallen every month since late 2017.<\/p>\n<p class=\"css-vz0241\">But recent encouraging signs in June from Sydney and Melbourne, and interest building from Chinese buyers, a key base, have spurred hopes that things may be improving.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/7news.com.au\/business\/banking\/westpac-says-stressed-assets-rose-in-q3-c-406522\">7 NEWS<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0Westpac\u00a0 Westpac has reported a rise in the number<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/westpac-sees-more-missed-mortgage-payments\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":13227,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098726,478098566,478098542,478098519,478098535,478099030,478098522,478098797,478103233,478098543,478098513,478101743,478098873,478098579,478098510,478098514,478098511,478098705,478098509,478100668],"class_list":["entry","author-data123nz","post-20673","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-chinese-buyers","tag-first-home-buyers","tag-home-loans","tag-home-ownership","tag-house-prices","tag-housing-market","tag-interest-rates","tag-loans","tag-mortgage-payments","tag-mortgages","tag-property","tag-property-correction","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-news","tag-westpac"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Westpac sees more missed mortgage payments - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/westpac-sees-more-missed-mortgage-payments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Westpac sees more missed mortgage payments - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"&nbsp; 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