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Number of mortgage loans reaches 130 000 in June 2008

Article Date : Thursday, September 11, 2008       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

The mortgage portfolio of Bulgarian banks reached 130 870 loans at the end of June 2008, an increase of 32 228 over the same month of the previous year, data of the central bank showed. The average size of a mortgage loan surged to 51 692 leva, compared to 44 750 levs in June 2007. Even though interest rates have risen over the past 12 months, mortgage lending to individuals and households has increased by 50 per...


Article provided by The Sofia Echo.
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