The effect of too high loan margins will spread to the entire economy, the banking sector should find an initiative for self-regulation in that matter, writes head of Colonna.
The era of historically low mortgage rates is coming to an end, at the same time there is a decrease in the gross domestic product and a decrease in transactions. Despite the rise in Euribor, lending margins remain high. Such phenomenon is having a longer-term effect on the real estate market.
Read more from the article in Äripäev, what are Roberto de Silvestris takes on the Baltic and Estonian economic section, what is the outcome of high lending margins and how this effects commercial real estate and the interest of foreign investors in local real estate.
Read the article HERE!