Changing in general. Previously, it was of higher quality, but given the ruction in rates and preferential programs, people who previously could not take out a loan due to lack of financial opportunities yota and children: safe use of the internet are entering the mortgage market. Of course, the risk is higher that for some reason they will not be able to pay. But banks, due to their business appetites, still issue mortgages to such borrowers.
A ddition, interest rate risk increases
for banks. Bank liabilities – the resources it uses to issue mortgages (deposits, current accounts) – are mostly short-term money. Accordingly, if the rates of attraction increase sharply, the resources become very expensive for the bank, and it can no longer raise the mortgage rate – it is fix. As a result, the mortgage becomes sms marketing campaigns ensure customer opt-in and retention less profitable for the bank or even unprofitable over a certain period of time. Even when the mortgage is repaid in 7-8 years – it is risky, but when in 15-20 years, the risks are greater.
We, as a regulator, of course, must ensure
that the balance is maintain. So that people with a large debt burden, who obviously overestimate their financial capabilities, do not take out mortgages en masse. And ensure that america email banks, given the riskier structure of their portfolio, have reserves for emergencies.
