What % of RE borrowers pay standard rates?

I noticed the following quote in an article in the Herald Sun today, about NAB considering lending with different criteria and different rates to subprime borrowers.

"The current standard variable rate (SVR) -- which only about 10 per cent of borrowers actually pay -- is 7.32 per cent."

Are there any comments on this stat? We shouldn't feel so clever on professional packages if only 10% of borrowers pay the standard variable rate.

 

None of my clients pay the full rate. Either a basic loan or a Pro pack is usually my recommendation.

Honeymoon rates generally lead into this high standard rate. I generally steer my clients clear of them too - when you do the sums they are not attractive.

Cheers,