Concern over number of people with interest only mortgages

October 11, 2017. (AAP Image/Lukas Coch) NO ARCHIVING Source: AAP
Consumer groups have expressed concern after banking giant Westpac revealed half of its customers with mortgages are still paying interest-only on their loans. That's despite a regulator push for a cap, and it comes off the back of rising household debt and slow income growth.
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