Credit extended to households for the purpose of investment in housing, including building and home improvements. Included are loans secured by residential property (i.e. mortgage loans) that are used for house purchase and, where identifiable, other loans for house purchase provided on a personal basis or secured by other types of asset.
LOANS FOR HOUSE PURCHASE
Meaning of LOANS FOR HOUSE PURCHASE in English
European Central Bank English Glossary. Английский глоссарий Европейского Центрального Банка. 2012