Mortgage Loans Getting Cheap In Hungary
- 26 Nov 2013 8:00 AM
The cost of a forint mortgage loan is now the same as the cost of a Swiss franc mortgage was in 2006, due to the recent fall in interest rates, website Bankmonitor found.
The interest rate on a Ft 10 million, 20-year loan is 5.9%, just above the 5.8% charged for similar size Swiss franc loans in 2006.
Source: Hungary Around the Clock
This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.
LATEST NEWS IN property