Stricter lending requirements have made homeowners more robust
Analysis - January 2020 - No. 1
Danish authorities have implemented a number of regulations targeting mortgage financing. The new regulations provide incentives for the most indebted homeowners to increase amortization on their mortgages thereby increasing the robustness of the housing market. As the new rules have been implemented, mortgage credit institutions have managed to increase their issuance of new mortgages to first time buyers as well as older existing home owners remortgaging.