Key market events of the week: From Buffett to Glapiński
Financial markets come to life, bringing a rich week full of important macroeconomic readings and quarterly reports from Poland and…
April 2024 mortgage holidays – essential information for borrowers
In the face of persistently high interest rates, the 2024 credit holiday program is a key support element for mortgage…
“Mieszkanie na Start 2024: Your Comprehensive Guide to the New Residential Support Program
As we enter 2024, Poland’s housing sector is set to undergo considerable changes, with the introduction of the government’s innovative…
ECB Maintains Interest Rates, While Simultaneously Lowering Inflation Forecasts 📉
💡The Governing Council of the European Central Bank (ECB) has decided to maintain the status quo in terms of interest…
Stability at the Forefront: the Monetary Policy Council kept Interest Rates in Poland with expectations for new inflation trends🔎
💰In the latest development in the Polish financial market, the Monetary Policy Council (MPC) has kept the key interest rates…
Brief for Expats in Poland for the upcoming #10 week
In the upcoming week, the world’s attention will be focused on the statements of leaders from institutions such as the…
The government has approved a draft of a legislation on the “2% Safe Credit program”
On Tuesday, March 14, the government has approved a draft of a legislation on the 2% Safe Credit program. The…
Creditworthiness – what is it and how can it be improved?
Creditworthiness is a set of factors that banks analyze when granting a loan. Such analysis is done on the basis…
A reduction of the buffer in the creditworthiness assessment
More banks are deciding to reduce the buffer when examining creditworthiness. This is good news for customers applying for a…
What is the APR and how does it affect the cost of a loan?
The APR, or Actual Annual Percentage Rate of Interest, is defined by the Consumer Credit Act of May 12, 2011….
DTI ratio
The Debt to Income (DTI) ratio is an indicator that measures the ratio of all the borrower’s financial liabilities to…
Mortgage loan and business activity
Wanting to take out a loan while running a business, it is worth knowing that banks calculate creditworthiness differently for…
How does inflation affect the mortgage market?
Inflation is an increase in the overall price level in the economy. It is a phenomenon that affects many aspects…
The Monetary Policy Council reduced interest rates to practically zero
Information after the meeting of the Monetary Policy Councilon May 28, 2020 The Council decided to lower the NBP reference…
