Sales of mortgage loans

Within the first quarter of 2019, mortgage loans totaling PLN thirteen. 5 billion were offered. This result is less strong than the previous quarter, yet only by 0. twenty two percent. Compared to the year-to-year product sales of mortgage loans was higher – by 5. twenty-seven percent. It is likely that in 2019 mortgage loans will be granted within the amount of approximately PLN fifty five billion and thus break the end result from last year.

Considering the quantitative instead of the quantitative approach, the situation is different. The amount of concluded contracts falls each quarter. In the first one fourth of 2019, 50, six hundred were signed, while the one fourth before 51, 703, along with a year earlier as many as fifty five, 156, i. e. simply by 2 . 13 and 6. 26 percent respectively.

 

The average mortgage value is usually PLN 269 thousand

mortgage loan

There were no major modifications in our structure of foreign currency home mortgages. Under Polish law, you are able to only take such a mortgage in the currency in which a person earn the most. 98. forty-nine percent contracts in terms of quantities were concluded in PLN.

The average associated with the mortgage in the 1st quarter of 2019 had been PLN 269. 1 thousands of. zł. It was by one 95 percent. more than in the earlier quarter and by as much as fifteen. 22 percent more than within the same quarter of the earlier year. Such a difference comes from, among others, rising real estate costs, but also from a better finances of Poles. In 2018, 37 percent loans had been drawn for amounts through 100 to 200 thousand. zł. At the beginning of 2019, this worth fell to 29 %. and soon it will be overtaken by a higher range : loans for the amount through 200 to 300 thousands of. PLN, whose current talk about among all housing financial loans is 28. 68 %.

 

Own contribution gets smaller – a new development?

mortgage loan sale

In terms of the share associated with own contribution, the credit score structure has not changed considerably. Over 45% housing financial loans granted in the first one fourth of 2019 were given from 80% LTV, i actually. e. the amount of financing with regards to the value of the property. The discuss of loans with LTV from 50 to eighty percent. in this quarter has been 33. 11 percent plus was much smaller than in 2018, when the number of loans along with LTV above 80 %. and those with LTV in between 50 and 80 %. she was almost identical. It is too early to say regardless of whether this is a new trend available.

Also the particular structure of loans organized according to the period for which they may be contracted did not change a lot. Most often, loans for casing are taken for twenty five to 35 years. Their own number in percentage conditions was 61. 4 %. and increased by one 64 percentage points when compared to previous quarter. In year-on-year terms, there was an increase within the number of loans with a pay back period of 15 to quarter of a century. It amounted to several. 48 percentage points. </

Women can also handle money

There are several reasons why women are generally less likely to seek risky investments. But while financial security seems to be more important to them, research has shown that they are not actively looking for safe savings. We’ve collected 12 tips on money that can help create financial stability.

A man is not a financial plan

money cash

Although we do not believe that many would think so. And luckily, the world is far from a woman being alone. However, even in a stable and happy relationship, it is worth thinking about our own financial security – and this may be true for both parties. Unfortunately, most marriages end in divorce, but even a tragedy can easily ruin our lives.

So, in addition to insurances, it may be worthwhile for everyone to have their own reserve, which only they can access and are independent of anyone else. Let us set aside at least as much as we pull it off for a few months or even half a year at our current standard of living.

Don’t be afraid to ask for a pay raise

money loan

According to an American survey, 53 percent of women have never asked for a pay raise, compared with 40 percent for men. But it would be more important for women to get more money at the right moment. For example, the pre-natal period is critical for the amount of childbirth and childbirth. The survey also showed that women are less likely to ask for a pay raise, but then come up with more realistic expectations. So don’t be afraid to ask for more money if you think it’s worth it.

Don’t let a romance rob you. Women are more likely to fall prey to men who want their money. In addition to open cheating, in many situations women can spend more on a relationship than men. Many people do the shopping for them. It is worth noting at the outset of the relationship how much we are willing to enter into common costs.

It is also worth avoiding loans within the relationship. If this is inevitable, you should write a paper about everything.

Don’t underestimate financial differences

Also, according to US statistics, the primary cause of divorces is a financial problem. Most of the time this can be due to the different ways in which the two parties approach money. One party would travel and spend, while the other would set aside one house. These differences can ruin a relationship, so it is worthwhile to clarify our goals with the other on the first date.

Take control of your finances

Take control of your finances

It is not only important to have an emergency reserve, but also to manage it ourselves. We make investment decisions. It is much easier for ourselves to decide on the appropriate risk and time span, and there should be no unpleasant surprises in the meantime. Plus, this financial knowledge can come in handy at any time in life.

It can be an emotional decision for anyone to have a baby, but it costs a lot of money. It is worth preparing for this. In addition to children’s books, it is also worth reading the financial smarts to make sure the material side is fine by the time the little stranger arrives. Those who are ill cannot work or save. Health insurance is becoming more popular in Hungary, and it may be better for women, since most screenings they fund can help them to detect illness early.

Also think about retirement. In addition to our own emergency reserve, it is worth taking care of our retirement years individually. Today, there are several government-backed savings for this purpose, and it’s worthwhile to start building your own savings soon.

There are several ways to save. It is always worth balancing our savings. Have an easily accessible, risk-free emergency reserve and a higher amount of money that can be held in different places, but with a good return. After setting your goal, it is worth finding the best savings. Before buying an apartment eg. home savings, but if you are collecting for another, a freely usable investment fund may be a good choice. Many are ruined by a larger loan. It is worth considering these choices as much as possible. You can read more about this in our earlier article.

Get easy money, but smart

money loan

You should also take advantage of financial instruments such as credit cards. But let’s get to know them first. Always pay off your debt on time and not spend more than you would otherwise afford.

In a divorce, even though it is difficult, it is important to be the first to assess our financial situation. Save your online banking passwords and check the balance of each account. If necessary, transfer our share to our own account, which is not accessible to the other party.