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5.2

Romanian Senate passes bill cutting 'Noua Casa' down payment to 5% for under-35s

The Romanian Senate adopted a bill lowering the minimum down payment for the 'Noua Casa' home loan program to 5% for buyers under 35, from the current 15%, for loans between €70,000 and €140,000. The bill now moves to the Chamber of Deputies for final approval; its passage is uncertain. If enacted, it would ease access to homeownership for young buyers, potentially stimulating housing demand and mortgage lending.

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Digi24about 7 hours agoROCredibility 33%View source

Score Breakdown

Mosaic Score5.2
Model confidence0.7
Significance0.5
Source credibility0.3
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