Estimated borrowing capacity for Polish mortgage seekers has risen in July, driven by a wave of rate reductions from major lenders.
A typical family with a monthly income of 15,000 PLN can now secure financing of approximately 10,000 PLN, marking a reversal in affordability metrics after months of tightening.
The improvement in creditworthiness estimates follows significant cuts to promotional mortgage rates initiated by Polish banks over the past week.
Lenders have primarily adjusted fixed-term products, aiming to stimulate demand in a market that has seen volatility.
The rate cuts are designed to lower the cost of servicing debt, thereby increasing the maximum loan size households can qualify for under standard debt-to-income ratios.
Despite the improved affordability, actual market activity has yet to fully respond.