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A new report is warning rising interest rates will lead to climbing defaults on home loans in the Australian mortgage market. The report by investment bank JP Morgan and Fujitsu Consulting found.
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Oceans Lending LLC, NMLS ID #1470464 (www.nmlsconsumeraccess.org) is a Delaware limited liability company. This is not an offer for extension of credit or a commitment to lend. Loans are currently being closed and committed at the expressed rates, however these rates may change or may not be available at the time of your loan lock-in.
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In the second quarter of 2019, the national default rate increased 3% from the same quarter last year, the first such rise in a decade after excluding the impact of the 2017 hurricane season,
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