Banks in a Hurry, Customers Crying: the Cancellation of Otthon Start Shocked the Real Estate Market
4 Articles
4 Articles
The announcement caught both banks and the real estate market unprepared, while some foreign citizens will have easier access to credit.
MBH Bank will reduce the interest rate on the Otthon Start home loan to 2.5 percent for new applications from October 29, 2026. This has started the competition for customers among banks in the last days of the state-supported scheme. We looked at what exactly the action means for borrowers. For a 25-year loan of a maximum of 50 million forints, the interest rate reduction is about 12,800 […]
Thousands are trying to block home purchases this week after it was revealed that you can only sign up for Otthon Start until October 31st.
However, in the last days of Otthon Start, two to three times more subsidized purchases than usual may be made.
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