71 result(s) for home mortgage in Articles
Mortgage Debtors Protest In Budapest At Astoria
- 21 Aug 2013 9:00 AM
- current affairs
Hundreds of people sat down at the Astoria intersection in Budapest on Tuesday afternoon to promote their demands for a solution to the problems of foreign-currency mortgage debtors. The crowd dispersed peacefully shortly before 8 p.m.
Foreign Currency Denominated Mortgages For Home Purchases In Hungary Shall Be Phased Out
- 25 Jul 2013 9:00 AM
- property
The Minister for National Economy is about to start negotiations with credit- and financial institutions active in the field of domestic lending. Minister Varga said that in the opinion of the Government foreign currency denominated mortgages for home purchases need to be eliminated from the domestic lending market in a way which “takes into consideration the aspects of timing and burden-bearing”.
Xpat Opinion: Hungarian Banks Win Loan Court Case
- 9 Jul 2013 9:00 AM
- business
A conservative blogger believes that creditors who demand radical state action and even the annulation of their mortgage loan contracts echo the public culture of the pre-1989 era.
Government Continues To Stand For The Protection Of Foreign Currency Debtors
- 1 Jul 2013 9:00 AM
- property
The European Commission notified Hungary already in December 2011 within an EU Pilot procedure which warns that the Government Decree stipulating that the monthly income of applicants of foreign currency loans shall exceed a sum equivalent of 15 times the amount of official minimum wage, and the income shall be received in the same currency in which the loan is denominated violates EU law.
Xpat Opinion: Latest Property Market Developments In Hungary
- 26 Nov 2012 8:00 AM
- property
1% of households surveyed by the Hungarian Economic Research Institute (GKI) definitely intend to buy or build a new home in the next 12 months. This is good news because this number was merely 0.3% in the spring of 2010. The record year was early 2008 when 3% of households had such optimistic plans.
August Home Sales Down In Hungary
- 4 Sep 2012 9:00 AM
- property
A total of 7,379 homes were sold in August, property agency Duna House estimates. This is down 8% from the 8,008 sales one year earlier, when the strong Swiss franc forced many to sell off their mortgaged homes. In the first eight months nearly 68,000 homes were sold, up 20% from one year earlier. Nevertheless, the first months of 2011 were especially weak and in 2012 especially strong due to the ...
Hungarian State To Buy And Lease Back 25,000 Homes
- 28 Jun 2012 9:00 AM
- property
The state asset manager MNV expects to buy 8,000 homes from troubled mortgage debtors this year, 7,000 next year and 10,000 in 2014, according to a decree published in the official gazette Magyar Közlöny.
Low Rents For Failed Mortgage Debtors In Hungary
- 22 Mar 2012 8:00 AM
- property
"The cabinet yesterday decided that very low rents will be charged to troubled mortgage borrowers who sell their homes to the National Asset Manger (NET). The NET was created last year to buy an estimated 25,000 homes by 2014 at 35-55% of market value from financially strapped mortgage debtors, who will become tenants.
Hungarian Banks Plan Force Sales Of 5,050 Homes
- 14 Mar 2012 8:00 AM
- property
"Hungarian banks have selected 5,050 homes for forced sale due to non-performing mortgages by the end of March, the financial supervisory Pszáf announced.
Mortgage Debtors Protest In Budapest At Astoria
- 21 Aug 2013 9:00 AM
- current affairs
Hundreds of people sat down at the Astoria intersection in Budapest on Tuesday afternoon to promote their demands for a solution to the problems of foreign-currency mortgage debtors. The crowd dispersed peacefully shortly before 8 p.m.
Foreign Currency Denominated Mortgages For Home Purchases In Hungary Shall Be Phased Out
- 25 Jul 2013 9:00 AM
- property
The Minister for National Economy is about to start negotiations with credit- and financial institutions active in the field of domestic lending. Minister Varga said that in the opinion of the Government foreign currency denominated mortgages for home purchases need to be eliminated from the domestic lending market in a way which “takes into consideration the aspects of timing and burden-bearing”.
Xpat Opinion: Hungarian Banks Win Loan Court Case
- 9 Jul 2013 9:00 AM
- business
A conservative blogger believes that creditors who demand radical state action and even the annulation of their mortgage loan contracts echo the public culture of the pre-1989 era.
Government Continues To Stand For The Protection Of Foreign Currency Debtors
- 1 Jul 2013 9:00 AM
- property
The European Commission notified Hungary already in December 2011 within an EU Pilot procedure which warns that the Government Decree stipulating that the monthly income of applicants of foreign currency loans shall exceed a sum equivalent of 15 times the amount of official minimum wage, and the income shall be received in the same currency in which the loan is denominated violates EU law.
Xpat Opinion: Latest Property Market Developments In Hungary
- 26 Nov 2012 8:00 AM
- property
1% of households surveyed by the Hungarian Economic Research Institute (GKI) definitely intend to buy or build a new home in the next 12 months. This is good news because this number was merely 0.3% in the spring of 2010. The record year was early 2008 when 3% of households had such optimistic plans.
August Home Sales Down In Hungary
- 4 Sep 2012 9:00 AM
- property
A total of 7,379 homes were sold in August, property agency Duna House estimates. This is down 8% from the 8,008 sales one year earlier, when the strong Swiss franc forced many to sell off their mortgaged homes. In the first eight months nearly 68,000 homes were sold, up 20% from one year earlier. Nevertheless, the first months of 2011 were especially weak and in 2012 especially strong due to the ...
Hungarian State To Buy And Lease Back 25,000 Homes
- 28 Jun 2012 9:00 AM
- property
The state asset manager MNV expects to buy 8,000 homes from troubled mortgage debtors this year, 7,000 next year and 10,000 in 2014, according to a decree published in the official gazette Magyar Közlöny.
Low Rents For Failed Mortgage Debtors In Hungary
- 22 Mar 2012 8:00 AM
- property
"The cabinet yesterday decided that very low rents will be charged to troubled mortgage borrowers who sell their homes to the National Asset Manger (NET). The NET was created last year to buy an estimated 25,000 homes by 2014 at 35-55% of market value from financially strapped mortgage debtors, who will become tenants.
Hungarian Banks Plan Force Sales Of 5,050 Homes
- 14 Mar 2012 8:00 AM
- property
"Hungarian banks have selected 5,050 homes for forced sale due to non-performing mortgages by the end of March, the financial supervisory Pszáf announced.