Business
Rise in higher risk loans as housing market surges – Sydney Morning Herald
Lending to highly-geared home buyers rose in the December quarter, sparking debate over whether riskier lending is starting to re-emerge.
Despite moderately increased new lending at higher loan-to-valuation ratios and debt-to-income ratios, available indicators do not suggest any material relaxation in housing lending standards, with these metrics remaining broadly in line with historical averages, APRA said.
The Reserve Banks latest board minutes, also published on Tuesday, made it clear the central bank has a close eye on property prices, but it viewed lending standards as sound.
We assess todays data on home loans as showing a…
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