February saw borrowers venture back to mortgages of over EUR 90,000, credit consultants Credit Center said in their latest market report.

The specialists said the rebound in mortgage volumes is a sign the market has started to perk up. On the flip side, the bulk of the mortgages ranged between EUR 10,000 and EUR 30,000, which means borrowers are playing safe even though banks are getting less stringent.

In other trends recorded in February, interest rates are coming down from their crisis peaks and mortgage absorptions rose by 9% as banks fleshed out new products and new ads. Lenders continued to provide between 50% and 60% of the property cost.