Statistical news focuses on the latest figures and trends in Danmarks Nationalbank’s statistics. Statistical news is targeted at people who want quick insight into current financial data.
Mortgage debt in holiday homes grew during corona
In the past year, Danes have increased their mortgage debt with collateral in holiday homes by kr. 6.9 billion to kr. 90.6 billion. This is an increase of 8.3 per cent, which is primarily driven by an increase in fixed-rate debt. In comparison, mortgage debt with collateral in owner-occupied housing has increased by 3.6 per cent the past year. Mortgage debt with collateral in holiday homes now amounts to 5.2 per cent of homeowners' total mortgage debt of kr. 1,757 billion.