{"id":623905,"date":"2026-10-08T02:22:08","date_gmt":"2026-10-08T02:22:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/623905\/"},"modified":"2026-10-08T02:22:08","modified_gmt":"2026-10-08T02:22:08","slug":"interest-rate-rises-cause-mortgage-arrears-surge-in-outer-sydney-and-melbourne","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/623905\/","title":{"rendered":"Interest rate rises cause mortgage arrears surge in outer Sydney and Melbourne"},"content":{"rendered":"<p>Mortgagees in outer-suburban Sydney and Melbourne are feeling the brunt of four interest rate increases in the past nine months, with loan arrears running at more than three times the national average.<\/p>\n<p>S&amp;P Global, one of the world\u2019s most influential credit ratings agencies, says that younger buyers and those who bought properties at the height of the market, immediately after the pandemic, have found themselves facing the highest levels of mortgage stress as rates rise.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Mortgagees in outer-suburban Sydney and Melbourne are feeling the brunt of four interest rate increases in the past&hellip;\n","protected":false},"author":2,"featured_media":623906,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-623905","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/623905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=623905"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/623905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/623906"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=623905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=623905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=623905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}