{"id":18621,"date":"2019-05-06T14:26:00","date_gmt":"2019-05-06T02:26:00","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=18621"},"modified":"2019-05-06T14:26:00","modified_gmt":"2019-05-06T02:26:00","slug":"westpac-sees-io-loans-shink-to-31-percent-of-home-loan-portfolio","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/westpac-sees-io-loans-shink-to-31-percent-of-home-loan-portfolio\/","title":{"rendered":"Westpac sees IO loans shink to 31 percent of home loan portfolio"},"content":{"rendered":"

 <\/p>\n

PHOTO:<\/p>\n

Westpac has reported its\u00a0IO loans has dipped to 31 percent of its home loan portfolio.<\/p>\n

It sat at 46 percent in late 2017.<\/p>\n

An overview of\u00a0ANZ’s home loan portfolio<\/a>\u00a0from their half year results investor pack also showed a big fall in interest-only loan borrowers.<\/p>\n

Just 18\u00a0percent of their portfolio is IO compared with 26\u00a0percent this time last year and 36 percent in 2017.<\/p>\n

NAB’s IO loans have dropped to\u00a026 percent of their loan book<\/a>.<\/p>\n

Some 84 percent of Westpac’s entire portfolio has an 80 pecent or lower LVR.<\/p>\n

READ MORE VIA PROPERTY OBSERVER<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

  PHOTO: Westpac has reported its\u00a0IO loans has dipped toRead More →<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":18622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478099572,478098512,478098521,478098566,478105030,478098542,478098519,478098535,478098522,478101516,478105031,478098809,478098805,478098513,478101743,478098873,478098579,478098510,478098514,478098511,478098509,478100668],"class_list":["entry","author-data123nz","post-18621","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-anz","tag-australia","tag-australians","tag-first-home-buyers","tag-home-loan-portfolio","tag-home-loans","tag-home-ownership","tag-house-prices","tag-interest-rates","tag-interest-only","tag-interest-only-loan-borrowers","tag-landlords","tag-nab","tag-property","tag-property-correction","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-news","tag-westpac"],"yoast_head":"\nWestpac sees IO loans shink to 31 percent of home loan portfolio - 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