The long-term mortgage to pay 4 times your home if rates reaching 6%
That is what we read in Invertia, and even if the holder does not cease to be quite sensational (we're talking about 50-year mortgage rates and very high) is not more aware of the numbers. I leave with you a summary.
The average mortgage in our country, amounting to 147,000 euros, according to the latest data from the INE-cost nearly three times the capital if requested to hire 50 years and could quadruple the original amount if the Euribor (the rate at which mortgage are conditioned most of the mortgages in our country) rises in the coming years, according to calculations made by Invertia. The vice president of the government, Pedro Solbes, has said in recent days his concern about the proliferation of these loans to the detriment of the classical periods of between 20 and 25 years, believing they pose a great risk to the public.
Anyway, nothing new, and you begin to notice the arrival of summer on the news, of which, following the rescue, being the Banco de Santander which shocked me most.
- Santander wins over the sale of an office with margins of the branch in 25 years
- Indebted to the eyebrows
- Attention to raw materials: gold is all that glitters
As you can see, the sale of Santander still fetching tail.
Written by Carlos Lopez on June 25, 2007 with 108 comments
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