Rate fixing for foreign currency denominated loans

20 March 2012

Consumers with foreign currency mortgages leasing contracts will have access to a rate fixing system. The regime will provide a more predictable payment environment as future exchange rate fluctuations won’t have such an impact on them. But you have to be HUF 20m in debt to be eligible for the program, and you’ll need to apply by the end of the year. The fixing will be provided for 60 months or at latest until June 30, 2017.

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