No probe into interest-only loans

Up to a quarter of Kiwi mortgages are interest-only loans. But the Commerce Commission says it has no plans to investigate interest-only loans, as Australian regulators crack down on the products fuelling a property investment boom.

Up to a quarter of Kiwi mortgages are interest-only loans. But the Commerce Commission says it has no plans to investigate interest-only loans, as Australian regulators crack down on the products fuelling a property investment boom.

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