Home GS The number of mortgage applications continues to rise, but growth is slowing...

The number of mortgage applications continues to rise, but growth is slowing down somewhat

The Dutch made more than 118 thousand mortgage applications in the third quarter of this year, according to figures from Hypotheken Data Netwerk (HDN) on Monday. The number of applications is therefore 15 percent higher than in the same period last year.

The Dutch made more than 118 thousand mortgage applications in the third quarter of this year, according to figures from Hypotheken Data Netwerk (HDN) on Monday. The number of applications is therefore 15 percent higher than in the same period last year.

The number of mortgage applications rose sharply from August 2019. Despite the corona crisis, a record number of applications were even made in the second quarter of 2020.

This growth leveled off somewhat in the third quarter. Nevertheless, the number of applications this quarter is still above the 2019 average (107,519).

The lion’s share of applications were for the purchase of a home, while a smaller proportion concerned refinancing or a second mortgage.

Most mortgage applications were made successively in the provinces of South Holland, North Holland and North Brabant.

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