The decreasing interest of Romanians to purchase homes, in the context of rising interest rates and rising prices on the residential market, led to a decrease in the volume of mortgage loans in the first part of this year, but, for the next period, the representatives of the new financing platform of imobiliare.ro, anticipates a a recovery in lending.
The representatives of the imobiliare.ro finance platform estimate that the volume of new mortgage loans granted in Romania, excluding refinancing, decreased by approximately 20 percent due to the increase in interest rates.
On the other hand, banks started to present lower fixed interest rate offers, showing optimism about the evolution of interest rates in the medium term.
