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Considerable Differences Across European Mortgage Markets
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According to Fitch Ratings, the performance of European residential mortgage markets as a whole has improved. In Southeastern Europe, by contrast, the recovery will take some more time.
Considerable Differences Across European Mortgage Markets / Picture: © Vindobona.org
The outlook for all major European residential mortgage markets has improved or stayed the same compared with a year ago, but performance among countries is diverging, Fitch Ratings says in a new report. Ireland, Portugal and the UK are the markets with the most improved outlooks.
The divergence in European markets reflects country-specific property cycles and factors such…
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