Monthly home loan outlays have risen since November. Home loan outlays reached HUF 909 bln last year and averaged HUF 75.8 bln a month.
The share of home loans with rate fixed for a period of longer than one year was at 97.8% in January, compared to a 94.6% rate a year earlier. MNB has been making a concerted effort to push consumers towards fixed-rate mortgage loans instead of variable-rate ones.
The APR (Annual Percentage Rate) for home loans stood at 4.39% in January, barely up from 4.38% in December and down from 5.32% in the same month a year earlier.
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