new buildings People who want to realize their dream of owning their own home can currently find comparatively cheap loans. (Photo: IMAGO/Rupert Oberhäuser) München “It sounds macabre, but anyone who currently wants to finance a property should hope that the crisis in the American regional banks will continue,” says Max Herbst from FMH Finanzberatung in … Read more
new buildings People who want to realize their dream of owning their own home can currently find comparatively cheap loans. Bild: IMAGO/Rupert Oberhäuser München “It sounds macabre, but anyone who currently wants to finance a property should hope that the crisis in the American regional banks will continue,” says Max Herbst from FMH Finanzberatung in Frankfurt. … Read more
I ask my daughter (university student, 19 years old) what she thinks of mortgage guarantees for young people, and she tells me that it’s too bad, that it’s actually a help for banks and developers, and in other countries it came out as a frog. She says that debt should not be encouraged, she prefers … Read more
Mortgage rates have been steadily on the rise over the last year as central banks grapple with high inflation. Despite a gradual decline, inflation remains stubbornly high, prompting another expected increase in the European Central Bank (ECB) refinancing rate. Currently at 3.5%, the rate that affects tracker mortgages is expected to climb to 4% this … Read more
City of Panama/The exemption on mortgage loans, with preferential interest, was extended until 2028 with the approval, in the third debate, of the project 1009whose price range reaches from 45 thousand up to 180 thousand dollars. The initiative proposed by the deputies Crispiano Adames and Alina Gonzalesmodify the Law 94 of 2019 and Law 3 … Read more
Hallo, My wife and I would like to buy the house (value approx. €130,000, owned since >30a) from my parents (68, 65, both pensioners) and grant them a limited right of residence and offset the right of residence with the purchase. We have several questions about this and would be very happy to receive your … Read more
Mortgages who suffer an increase in installments can request a change in the conditions Subrogation or novation are two alternatives to carry out these modifications. How to review a mortgage However, like everything else, changes in the conditions of a mortgage, they are not free. One of the options that clients usually handle is to … Read more
The Office of the Superintendent of Financial Institutions (OSFI) recently held consultations on residential mortgage underwriting practices and procedures (Guideline B-20). In an effort to mitigate the risks arising from high consumer indebtedness, OSFI was seeking comments on various mortgage debt repayment measures, including the mortgage rate stress test. To verify the borrower’s ability to … Read more
Alfredo Bryce said that “the homeland is the friends”. The same can be said of retirement. At least according to what is happening in Spain with senior cohousing, the alternative to traditional residences that have been for decades the retirement spaces (or confinement, it must be said) of the elderly. And although these spaces are … Read more
Getting a mortgage is becoming more difficult in Spain, and more expensive. Banks have tightened the criteria and conditions for housing loans in line with the rises in the reference interest rates of the European Central Bank (ECB). And on many occasions family income and guarantees are not enough. But… How much do I really … Read more