{"id":15900,"date":"2018-12-20T17:23:43","date_gmt":"2018-12-20T04:23:43","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=15900"},"modified":"2018-12-20T17:23:43","modified_gmt":"2018-12-20T04:23:43","slug":"apra-lifts-limit-on-interest-only-mortgages","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/apra-lifts-limit-on-interest-only-mortgages\/","title":{"rendered":"APRA lifts limit on interest-only mortgages"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0Happiness is having a home and mortgage locked and loaded.\u00a0<span class=\"image-source\"><em>Source: Supplied<\/em><\/span><\/strong><\/p>\n<p class=\"description\">Christmas has come early for thousands of Australian property investors \u2014 and banks \u2014 after APRA confirmed it would lift the floodgate on interest-only borrowing from January 1.<\/p>\n<div class=\"story-content\">\n<p>The move could prove a boon to banks as well, with the sector considered a cash cow for lenders, raking in an extra billion dollars just in higher rates for interest-only loans last year.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.news.com.au\/finance\/real-estate\/brisbane-qld\/apra-lifts-limit-on-interestonly-mortgages-starting-january-1\/news-story\/df317e3a2fe600e3f5dcfd2a446ed3d3\">NEWS.COM.AU<\/a><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0Happiness is having a home and mortgage locked and<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/apra-lifts-limit-on-interest-only-mortgages\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":15901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478102792,478098521,478098542,478098519,478098535,478099361,478098522,478100112,478098513,478098579,478098510,478098514,478098511,478098509],"class_list":["entry","author-data123nz","post-15900","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australian-property-investors","tag-australians","tag-home-loans","tag-home-ownership","tag-house-prices","tag-interest-only-loans","tag-interest-rates","tag-interest-only-mortgages","tag-property","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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