Mortgages in Germany, mortgage to buy German real estate property)

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The financial services industry in Germany calls for a more closely integrated mortgage credit markets in Europe. The German market for mortgage finance have reached a value of €31.2 billion (US$38.3 billion) in the year 2004. According to the statistics, the German market for mortgage finance has decreased by 10.1% since the year 2003.

Presently a better stance is being marked in the mortgage market of German. So the market for mortgage finance is predicted to grow by 5.9% from 2004 to 2009 and will reach a value of €33 billion (US$40.7 billion).