LVR Home Loan Lending Shifts as APRA Reports Mortgages With LVR 80% or Higher at 16.8% of Outstanding Balances
LVR home loan lending is changing, according to recent data, with mortgages with an LVR of 80% or more now accounting for 16.8% of outstanding balances. In light of unprecedented levels of total debt, the data shows shifting dynamics in Australia’s mortgage industry. The Australian Prudential Regulation Authority claims that while overall mortgage debt is still…
