So I would like to give you some advice – free of charge – or should we say without any fees? For generations, Danish mortgage credit has been characterised by safety and predictability, often the same services – year after year – no surprises – a bit boring, in fact!
Such a sharp deceleration was clearly going to be felt in people’s pockets and on the jobs front. Given the deterioration in the general international economy, the immediate cause of the slowdown here is the weakness of demand.