Few people can buy a home without credit

The real estate market is constantly spinning and everyone is aware of this. Low credit rates and rising wages mean that property prices have reached a certain psychological limit. We are almost there that only one in two people can buy a property they look for without credit. However, we do not think this is a problem.

Are we afraid of credit?


We became aware of interesting data the other day. We are aware that house prices have really increased over the last 4-5 years . It is not uncommon for a property to double today, say 5 years ago. This means that loans have again played a key role in buying real estate, though…

More cautious in applying for credit

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Many have not yet forgotten the difficulties of Swiss franc loans. In fact, according to our information, there are still almost 100,000 forints foreign currency loans running. We would highly recommend this article to them: Loan Redemption: Still not too late. But somehow, for us, this has caused such a big break that since then, we have been somehow more cautious in applying for credit.

Although many people see this as a negative thing, we disagree with it. It is very good that we take a good look at our own potential, our credit, and take action when it is really time. It is interesting how good we are in Europe, as the total mortgage portfolio stood at 7.5% of GDP according to the latest figures. The EU average is 27.5%.

It’s okay to borrow


Indeed. Borrowing can be done very smartly and in a way that is financially advantageous. All you need is the caution you mentioned earlier. And because of the low interest rates on loans, if at some point, it’s really worth borrowing now. If we can, then it is worth trying to have a long interest period for our loan . This fixes the monthly costs for 5-10 years, or even for the rest of the term.

Here is a credit calculator. Here you can compare all currently available loans in many ways. However, it is important to be aware of all the small details. Therefore, contact us! To the best of our knowledge, we are helping you to be satisfied with your credit, not just now, but 10 to 15 years from now.

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