Mortgage credit demand down by 7.6% in April

The value of the Mortgage Credit Demand Index stood at -7.6 percent in April 2015, which means that banks and SKOK credit unions sent inquiries to the Credit Information Bureau (Biuro Informacji Kredytowej - BIK) for mortgage credits with 7.6 percent less value than in April 2015, the BIK informed. In March 2015, the value of the index amounted to 3.2 percent, while in the whole Q1 its average value was 0.5 percent. Meanwhile, the bureau said that a similar index for consumption credits stood at 0.4 percent, while in Q1 it amounted to 2.2 percent.