News in Brief
Government freezes mortgage interest rates until June 30, 2023
The measure will now protect 350,000 families from having to pay a “sanctions interest surcharge”.
Mortgages
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News in Brief
Finance Minister: Mortgage freeze will save families HUF 30 billion
The finance minister said over the weekend that the government is working to shield families from global price increases.
News in Brief
State Secretary: Mortgage rate freeze could save households HUF 30 billion
A government decision to freeze retail mortgage rates until the end of next June could save Hungarian households HUF 30 billion (EUR 81.3m).
News in Brief
PM Orbán: Government to freeze mortgage interest rates
Hungary's government is freezing retail mortgage interest rates for a six-month period from January.
News in Brief
Hungary's central bank to focus on making mortgages more affordable
The National Bank of Hungary’s deputy governor said the bank wanted to ensure a fast expansion of mortgages in the next few years