Trends in Mortgage-Credit Financing: Household Consumption

Authors Risbjerg, Lars
Subject Danish Economy
Type Monetary Review  
Year 2006
Published 29 March 2006
Since the reintroduction of adjustable-rate mortgage-credit loans in 1996, additional products to finance owner-occupied housing have been launched, notably deferred-amortisation loans and the banks' mortgage loans. This article considers how this development can influence the households' consumption.