Getting home loan is becoming more difficult - Credit Information Bureau

The Credit Information Bureau (BIK) on Wednesday revised its forecasts for the credit market this year sharply downwards. Experts now expect the value of home loans to fall by 40% and cash loans by more than 2%. In January, the BIK predicted that the value of home loans granted in 2022 would fall by 9.8% to PLN 80 billion.

If the new BIK forecasts come true, the volume of home loan sales this year will be around PLN 53…