THE big banks are writing more interest-only home loans and a large number with high loan-to-value ratios, amid concerns low interest rates and hot competition is fuelling overheating in some pockets of the property market.
High LVR lending, considered riskier as the loan is more than 80 per cent of the property's value, made up more than 30 per cent of approvals by the big banks in the June quarter, according to Australian Prudential Regulation Authority data.
