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Strong rise in interest rates puts strain on mortgage borrowers
(09.06.2023)
Bank of Finland. Bulletin 1/2023
Bank of Finland. Bulletin 1/2023
The long-continued growth in household indebtedness came to a halt at the end of 2022. Households were borrowing less as a result of the rapid rise in interest expenses and the cost of living, together with uncertainty ...
Savings help households cope with rising interest rates
(05.07.2023)
Bank of Finland. Bulletin 2/2023
Bank of Finland. Bulletin 2/2023
The rise in consumer prices and interest rates continues to put a strain on households this year. This is affecting households in a variety of ways, depending on their income, wealth and debt. The cost of living of low-income ...