Lenders split on interest-only loan strategy
![Lenders are jockeying for position in the housing market.](/content/dam/images/g/w/5/j/o/i/image.related.afrIndexLead.320x210.gwkqn8.png/1496727026266.jpg)
ING is withdrawing some interest-only loans while Newcastle Permanent, the nation's biggest building society, is slashing rates by 30 basis points.
ING is withdrawing some interest-only loans while Newcastle Permanent, the nation's biggest building society, is slashing rates by 30 basis points.
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BankWest has hiked interest rates for principal and interest-only home buyers in the latest twist to lower the risk of bad debt.
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