In recent days, the political scene in Poland has been shaken by information about the future of the so-called 0% credit, a program that has been controversial from the very beginning. Although an official decision has not yet been made, a tweet by Katarzyna Pełczyńska, Minister of Funds and Regional Policy, clearly indicates that the … Read more
/nginx/o/2024/02/06/15870493t1h3094.jpg "The profitability of fixed vs variable interest rates on Lithuanian housing loans over the last decade")
Loans with fixed interest rates are almost non-existent on the Lithuanian market, and the Bank of Lithuania (LB) wanted to change that – it prepared amendments to the laws, according to which banks would be obliged to provide two interest alternatives for housing loans. However, the offer of fixed interest rates might not always be … Read more
On Wednesday, the Banking Council of the Czech National Bank (ČNB) eased the rules for granting mortgages. From January, banks will no longer have to apply the limit of the maximum amount of the applicant’s total debt to his annual income (DTI). The maximum ratio of the amount of the mortgage loan to the value … Read more
You can now request the 20% AVAL for the MORTGAGE. IT IS FOR EVERYONE Remember that it is only for the first home and the deadline is until December 31, 2025, there is time. The requirements are to be under 35 years old, although that limit does not exist if you already have at least … Read more
The average mortgage rate at the beginning of August fell to 6.19 percent from 6.24 percent in July, decreasing for the third month in a row. This follows from the data of the Swiss Life Hypoindex, which is processed on the basis of data on the fifth working day of each month. The methodology reflects … Read more
Škoda is at risk of losing its flagship electric car. The Germans are seeking to relocate the production of enyaqs. Thousands of deferred mortgages are given a chance, banks allow clients to pay most of their wages. Millions for lawyers – the king of chefs Pohlreich sent the company into insolvency, closed a year-long dispute. … Read more
[인포스탁데일리=김영택 기자] The COFIX, which is an indicator of variable interest rates on mortgage loans, continues to rise. As a result, interest rates on bank loan products have also risen, which has increased the interest burden of borrowers. The Korea Federation of Banks announced today that the new handling amount Cofix in June was 3.70%, … Read more
On Thursday, the Banking Council of the Czech National Bank (ČNB) eased the rules for granting mortgages. From July, it will no longer require applicants to meet the limit of debt repayments to net monthly income (DSTI). Other rules remain in effect. Experts agree that the move will revive the mortgage market only slightly. According … Read more
“Credit indicators came back into play last year, and with that came the rise in interest rates. All in all, it had a crushing impact on the mortgage market, this is especially true of the DSTI indicator, which limits the amount of the monthly repayment depending on income,” said CNB councilor Jan Kubíček in an … Read more
The high volume of refixed mortgages this year stems from the previously popular five-year interest rate fixation in combination with the tightening of the conditions for obtaining a loan, which the Czech National Bank introduced in the fall of 2018. Many people sped up their purchases then. According to CNB statistics, people borrowed during 2018 … Read more