First-home buyers with smaller deposits are making the most of a change to bank lending rules. CoreLogic said first-home buyers seemed to be taking advantage of the change. READ MORE:* Bank low-deposit lending 'still reserved for quality borrowers'* First-home buyers undeterred by high house prices, homeowners stay put* Ring-fencing, law reform: What will it take to slow investors down? MAARTEN HOLL/STUFF In February, the average loan for first-home buyers with loan-to-value ratios of 80 per cent or more was $441,576. Across all owner-occpiers, high loan-to-value lending was only 12 per cent of total lending.

Source: Stuff March 26, 2019 04:30 UTC