Development in Bulgarian Mortgage Market Cover Image

Развитие на ипотечния пазар в България
Development in Bulgarian Mortgage Market

Author(s): Dragomir Stefanov
Subject(s): Economy
Published by: Икономически университет - Варна
Keywords: mortgage; mortgage market; trends
Summary/Abstract: In recent years, the number and amount of the overdue and restructured credit exposures of commercial banks in the country is growing at a threatening pace. In this process, the main contribution is due to mortgages.The decline in real estate prices, low economic growth, high unemployment and frozen workers income are just some of the reasons for this negative trend.