Banks start signaling easier access to mortgages

Accepting the income of some entrepreneurs or cosmetic adjustments regarding own contribution – such moves are starting to be signaled by banks in the case of housing loans, assesses HRE Investments.

Liberalization is symbolic in the face of the difficulties that banks introduced after the outbreak of the epidemic, they add.

The HRE Investments press statement claims that loans are currently the cheapest in history.

“In June, new housing loans were sold at an interest rate of 3.3 percent per annum. It is worth recalling that even before the epidemic, interest rates on bank deposits were similar, and loans – including mortgages – were a third more expensive.”

(WBJ)