Want to ease the requirements for mortgages

The stricter amortization requirement for mortgage borrowers should be scrapped and the ceiling for mortgages raised to 85 from 90 percent. This is what economics professor Peter Englund’s investigation will suggest, DN learns. The investigation will not, however, suggest that the regular amortization requirement be scrapped, reports the newspaper. Since last spring, Peter Englund, together with a committee, has been tasked with reviewing, among other things, the Financial Supervisory Authority’s rules on mortgage ceilings and amortization requirements. The investigation will be presented on Monday.

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