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News, Page 24

Mortgage Delinquencies Fall in December

In December, 90-day mortgage delinquencies were at 5.64%, which seems low compared to the peak of 10%. But the level before the housing bubble was 4% to 5%.

Mortgage debt tops $200 billion

Kiwis' mortgage debt has officially climbed past $200 billion, a mountain of borrowing which has doubled in the space of 10 years.