One of the happiest economic moments for a family is the day when a mortgage is paid off. Stopping having your home pending a loan guarantees peace of mind for household accounts. You can get there either by complying with the schedule set in the contract or by having reaped some savings and having repaid the pending portion ahead of time. Banks are registering a historic number of this type of operations in 2023, coinciding with a period of high interest rates.
The National Institute of Statistics collects monthly the data it receives from property registries regarding mortgage contracts. This course is representing a change in trend compared to previous years, since the acceleration in cancellations of this type of contracts is surpassing the new ones that are being signed. That is, banks see more mortgages being settled than granted.
2023-10-19 20:44:30
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