•  22  Since 2014, the Nederlandsche Bank has been collecting loan level data on mortgages which provide important information for the analysis of risks building up on mortgage markets. 23  These detailed data contain information on the individual  mortgage lenders portfolio at quarterly frequency.
Nevertheless, as uncertainty regarding the fiscal problem remains, such as the federal debt ceiling issue, future developments warrant attention. The European economy, which had been receding slowly, has finally bottomed out, and there has recently been movement toward a pick-up. Households’ and firms’ sentiment are improving as financial markets have remained stable.