Considerable Differences Across European Mortgage Markets

Professional ServicesReal Estate ♦ Published: January 23, 2014; 07:28 ♦ (Vindobona)

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…