Mortgage borrowers’ temporary payment delays are low, but severe delays have increased
Financial margin narrowed as essential expenditure increased
For some households income was insufficient to cover essential expenditure in 2023
Significant proportion of household debt is held by households with the highest income and the most debt
Indebtedness reduces financial margin in all income levels
Growing number of households had difficulties making ends meet with their income
Materialisation of risks may cause a negative economic and financial spiral
Longer maturities increase total borrowing costs
ECB’s recommended changes to EU macroprudential buffer requirements
Share of households’ housing costs has increased
Growth in stock of housing corporations’ loans is fuelling real estate sector indebtedness
