MORTGAGE delinquencies have hit a three-year high across the country, with record levels in two states and one territory.
Moody’s Investors Service has warned increased delinquency levels lifted the risk of mortgage defaults.
The situation had deteriorated across all eight Australian states and territories over the year to the end of May.
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All up 61 regions across the country saw mortgage delinquencies rise compared to 26 where there were improvements.