The government has extended the interest rate freeze until June 30, 2025, which currently protects the mortgage loans of 291,000 Hungarian families.
The extension will save borrowers an additional HUF 20 billion (EUR 48.3 million). With the introduction of the interest rate freeze in January 2022, the government has relieved families of interest burdens amounting to HUF 300 billion (EUR 727.6 million) to date.
One of the most important pillars of the government’s 21-measure action plan for a new economic policy is the provision of affordable housing. As part of this plan, the range of measures to support families will be expanded to include new elements. These include the freezing of interest rates and the option to use savings from voluntary pension funds for housing construction.