www.g4media.ro/cererea-de-credite-ipotecare-scade-

The demand for mortgage loans in the euro area significantly decreased in Q3 due to rising interest rates and stricter lending conditions, according to a survey by the ECB. Between June and September, 27% of banks reported a decline in mortgage applications, exceeding previous expectations and earlier declines. The ECB's tightening monetary policy, initiated in June, is expected to continue despite a planned pause in October. Rising interest rates, decreased consumer confidence, and worsening real estate market outlooks were identified as key factors for this decline. While banks did not tighten mortgage lending criteria during the quarter, they anticipate stricter criteria for all loan types by the end of 2026.