Nope its finno-ugric(its the ugric part) which is the same family as estonian, finnish and sami. I think it looks like latin to you for two reasons. One is it has some similar grammar from my understanding with cases and stuf but the more important here is some of the early hungarian written texts were written by scribes from italy who either spoke latin because of religious reasons or just italian generally. For example the sound you here in russian in the name “vladimir” where the d is also present in hungarian but instead of wtiting it in a sane way it is written “gy”(and yes that is one letter). This is because logically it would be “dy” but the italians heard our “gy” as very similar to their “gi” for example. Bit of a mindfuck tbh.