Publication presenting encumbrance of collateral for household mortgage loans based on data for 2024 Q2 is now available

The data reported for household mortgage lending have been derived from HITREG, the MNB’s Credit Register database. The publication presents the value of the so-called Loan-to-Value ratio (LTV: the ratio of the collateral value to the total amount of loan taken against it), which is used to measure the encumbrance of collateral for household mortgage loans, with regional and time-series charts.

From 2023 Q4, the publication has been expanded to include a chart presenting the value of LTV breaking down debtors by age groups. In addition, the charts showing the distribution of LTV categories and age groups over time have been expanded to display the distribution of contracts by number and volume (contractual amount).

Based on 2024 Q1 data, the LTV for household mortgage loans was broadly unchanged from previous quarters. Excessive household indebtedness and financial stability risks have not been identified, due to continued moderate credit growth.

To access the publication please follow this link.