Dutch banks agreed new mortgages totalling € 17bn in the first three months of this year, down € 3bn on the year-earlier period, according to central bank figures.
The bank said the decrease is due to rising mortgage interest rates which have gone up from an average 3.8% three years ago to 5.2% now.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.Make a donation