Policies implemented by the Danish government have helped lower the number of “risky mortgage loans” issued in 2018 but not prohibited them completely, the country’s central bank says.
On January 1, 2018, the Danish Ministry of Industry, Business and Financial Affairs implemented new guidelines that limit households’ access to certain mortgage loans if their loan-to-value ratio is above 60% and their debt-to-income ratio is more than four times their annual income.
“The guidelines have
- St Louis Fed creates educational ‘multiplier effect’
- Podcast: North Macedonia on the brink of change
- ECB starts publishing senior officials’ declarations of interest
- The Belt and Road Initiative 2019 Survey – A new driver for globalisation?
- ECB and Banque de France to contribute to Notre-Dame repair fund