Why loans are now in high demand

The Austrians want to save a little less money in the coming year. In return, however, they plan to take out significantly higher loan amounts. This is the result of a survey by Erste Group. “Housing financing is still in great demand. The focus is not only on the intent to buy, there is also a lot of need for renovations, extensions and conversions,” explains Erste Private Customers Board Member Thomas Schaufler.

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