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Interest only mortgages swing from downside to upside risk for house prices

June 20, 2019 - 10:30 -- Admin

APRA released quarterly ADI property exposures yesterday. It is a great guide to many things but I use it mostly to track interest only mortgages. The good news is that the interest only mortgage bubble that drove the last leg up in Australian house prices is now massively de-risked. The March quarter saw IO mortgage

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