Connective broker resources

Find out the latest news and information from Connective

Lender Spotlight – Check out some recent residential lending stats from APRA

APRA has announced residential lending exceeded $1.5 Trillion in the first quarter of 2017 (an annual increase of 7.7%).

  • Owner-Occupier loans accounted for 65.1%.
  • Investment loans accounted for 34.9%.
  • Interest-Only loans accounted for 36.9% of all loans (down by 3.6%).
  • Loans with an LVR greater than 90% represented 8% (down by 12%).

Source: Australian Broker 31.5.2017. (Data as at March 31, 2017. Increases and decreases based on data from the same time period in 2016)