Mortgage Lending In Hungary Sinks To 11-Year Low

05 Jun 2012

Mortgage lending in Hungary fell to its lowest level in 11 years in April, down 50% from a year earlier, but the situation is expected to improve with the launch of a government-backed mortgage program.

Mortgage lending in Hungary fell to its lowest level in 11 years in April, down 50% from a year earlier, but the situation is expected to improve with the launch of a government-backed mortgage program. In addition, a new survey shows that banks expect lending conditions to ease ...

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