Banks pressuring customers to shift from interest-only

By Noel Whittaker
Updated May 15 2017 - 10:03am, first published April 21 2017 - 10:11am

The housing boom continues to generate headlines with a range of ideas continually being bandied about. Banning interest-only loans is the current hot favourite, with the financial services regulator putting pressure on lenders to slash the number of interest-only loans being approved.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Scone news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.