The increases have affected many sectors and obviously also the mortgage sector, which is why from today you will pay much more in this context.
When you are about to buy one casa there are many obstacles to take into consideration, as you will have to be ready for anything. Unfortunately, nowadays you must have certain requirements to obtain a bank loan.
What matters a lot is the type of work you do, the contract, whether or not you have significant health problems, whether you have a guarantor and so on. For this reason, before looking for a house among the various real estate adverts, it would be advisable for you to do some sort of preventive in the various banking institutions in your area.
When you obtain a positive outcome, you can proceed with the stipulation of the mortgage. Be careful, however, as with this innovation you will pay much more, which is why many opt for rented houses.
The difference in mortgage rates
Before proceeding, it is appropriate to make a more detailed discussion regarding the difference of fixed rate and variable rate regarding the mortgage, also because once you understand this, you will be able to decide better on what to aim for when you go to the bank to sign it. THE’Eurirs is the reference index for the fixed rate, while theEuribor for the variable rate. The first, as can easily be understood, will show a stable figure, which is why the installment will always be the same, month after month, while the second refers to shorter rates that can generally be changed from year to year, based on market trends. .
Therefore, regarding Eurirs, the installment will always be the same same until the end of the contract, but be careful that the figure is made up of the market reference index with the addition of the spread current, which is why in the event of a surge in costs, it is clear that the installment will also be decidedly higher than that of past years.
The mortgage surge (Source: Canva) – www.cataniaoggi.it
The increase that makes citizens worry
Regarding what we revealed in the previous paragraph, many citizens have noticed a clear increase even during the stipulation of the mutualas the figures on which they are based are considerably high. Many complain that they have reached a point where it is as if a citizen is paying for the air he breathes and in fact that is the feeling.
In fact, as revealed by money.it, since 2022, with the return of inflation after the “pause” (use the term) in costs at the end of the pandemic, rates have risen again, which is why the Eurirs has reached much higher values than in previous years. For this reason, many citizens rely on variable rates, waiting for values to drop again, thus allowing them to renegotiate their home mortgage.
