In the first half of this year, the demand for loans provided by banks to residents continued to grow, while corporate borrowing stabilized, according to the commercial banks surveyed by the Bank of Lithuania (LB)…
Although a larger portion of Lithuania’s population lives in their own homes, many of them still pay a mortgage, while others rent apartments or live with relatives. Rent and mortgage payments…
From August 1, not only has the initial down payment decreased for residents taking their first housing loan, but an important condition has also changed when borrowing for a second or third home. According to banks…
From the first home viewing to signing the loan agreement, couples make dozens of decisions. However, one of the most important should be discussed long before…
Starting from August 1, when purchasing the first home with a loan, a 10% down payment is sufficient instead of the previously applied 15%. The Bank of Lithuania made this decision in order to…
The past few months have brought significant changes to the housing market. Some residents withdrew funds from the second pension pillar – according to the Bank of Lithuania, about 550 thousand left the system….
Šeštadienį įsigalioja Lietuvos banko (LB) atnaujinti Atsakingojo skolinimo nuostatai – pirmąjį būstą norintys įsigyti žmonės turės sukaupti mažesnį pradinį įnašą – 10 proc. būsto…
Buying a home is one of the most important financial decisions in life, but its cost is often underestimated. Often, when calculating future expenses, one initially limits themselves to…
Banks operating in Lithuania, central credit unions, and central credit union groups will have to further strengthen their financial resilience and accumulate additional…
From August 1 of this year, long-awaited amendments to the Responsible Lending Regulations of the Bank of Lithuania will come into effect, which may become a salvation for hundreds of Lithuanians dreaming of…