Jump in mortgages: IN March Banks and jumps gave 17.9 thousand mortgage loans. It is 3.6 percent. less than in March last year, but nearly one -fifth more than in February this yearu. If you look at a valuable shot, it's even better. In March alone, loans with a total value were sold PLN 7.683 billion – It's only 0.7 percent less than a year ago, but by 22.7 percent more than a month earlier. – This value is not seen from 2021, apart from the period from October 2023 to March 2024, i.e. the Safe Credit 2 % program. – says dr hab. Waldemar Rogowski, main analyst of the BIK group. The average mortgage amount in March was 428.2 thousand. PLN, i.e. by 3 percent more than a year ago. BIK reports that it is “only” 3 percent, which in turn “confirms the stable price situation on the housing market”.
An important aspect: Deads in terms of year -on -year are the effect of a high base from March 2024. What does it result from? – It should be remembered that there was PLN 2.11 billion in the credit action in March last year loans From the pool of the support program, i.e. the applications submitted in 2023, when the credit action of March last year is corrected by this value, the dynamics of r/y would be positive and would amount to +36.5 percent – says prof. Rogowski, main analyst of the BIK group. This is not the end. – In the housing loan segment you can expect revival in the near future – adds the expert. This is a delicate reflection for the time being in the chart below:
What about the subsidy program? It looks as if some Poles have stopped waiting for a new government program for mortgage payments. Project under the name “First keys” appeared on the list wash government two weeks ago. It applies only to apartments from the secondary market or the construction of a single -family house. Hypotek subsidies are to cover 10 years, and the interest rate on traditional mortgage loans will be 1.5 percent. A quadratic meter limit will be introduced, but the commune council will be able to change it. The maximum limit of applications for an additional payment was also established – 40,000 annually.
Dispute in the coalition: As for the program itself, there is no consent in the ruling coalition. The author is the Ministry of Development and Technology, which is headed by PSL politician – Krzysztof Paszyk. His party and the Civic Coalition are supported by the project. Poland 2050 and the left are opposite, which argue that the introduction of the first keys will raise prices real estate.
What about your feet? We still have interest rates at 5.75 percent. – not changed since October 2023, though There are many indications that they will fall soon. The Monetary Policy Council changed their attitude to the pigeons, which is conducive to foot reductions, as the president of the NBP said Adam Glapiñski. According to his statements and several members of the MPP, the first cut may occur at the next meeting in May.
Read also: Poles will pay lower installments? Key decision of the MPC. “It's a foregonement”
Sources: BikeIAR