Mortgage

“APCHQ suggests changes to mortgage rate stress test for variable and fixed rate mortgages”

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“APCHQ suggests changes to mortgage rate stress test for variable and fixed rate mortgages”

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

Senior Cohousing: An Alternative to Traditional Retirement Residences in Spain

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Senior Cohousing: An Alternative to Traditional Retirement Residences in Spain

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

How Much Do You Need to Earn for a Mortgage in Spain?

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How Much Do You Need to Earn for a Mortgage in Spain?

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

Report Finds Majority of Consumers Missing Out on Savings by Not Switching Banks

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Report Finds Majority of Consumers Missing Out on Savings by Not Switching Banks

As technology continues to advance, customers are presented with more options than ever before when it comes to banking services. However, a new report from the Economic and Social Research Institute (ESRI) has found that the majority of bank customers in Ireland are losing money by not switching to more beneficial accounts or services. In … Read more

Which mortgage should I prioritize: Tracker or Variable?

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Which mortgage should I prioritize: Tracker or Variable?

As a homeowner, one of the biggest financial decisions you’ll make is choosing the right mortgage repayment strategy. When you have multiple mortgage loans, you may be wondering whether you should prioritize paying off your tracker mortgage or your variable mortgage first. Both mortgage types have their benefits and drawbacks, and the decision you make … Read more

Murcia set to witness the literary side of Carlos Bardem and El Niño de la Hipoteca

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Murcia set to witness the literary side of Carlos Bardem and El Niño de la Hipoteca

Murcia will commemorate the International Book Day with the celebration of the third edition of a conference that will be held between April 24 and 26 in the Aula de Cultura de la Mediterranean Foundation. Their director, Victorio Melgarejoalong with councilor Anthony Benedictpresented this morning a program that will begin with a poetry recital by … Read more

Why Wednesday is the Ideal Day for Buying a Home: A finance and mortgage Perspective

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Why Wednesday is the Ideal Day for Buying a Home: A finance and mortgage Perspective

Borrowers who take out the mortgage at the right time reap financial advantages. Why Wednesday is the best day to buy a home. Attention, if you want to take out a mortgage: interest rates vary depending on the day of the week. So keep an eye on the finances. – Pexels Ad the essentials in … Read more

Markus Söder Embarks on a Cinema Tour Across Bayreuth

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Markus Söder Embarks on a Cinema Tour Across Bayreuth

© Andreas Harbach from left: Martin Gebhardt, Görau, district farmer Angelika Seyferth, district chairman Karl Lappe, Christian Engelbrecht, Lankendorf and Martin Ponfick, Unterölschnitz path navigation Home Bayreuth Markus Söder on a cinema tour in Bayreuth BBV representatives meet Markus Söder in the Cineplex 27.03.2023 | The Bavarian Prime Minister Markus Söder also stopped in Bayreuth … Read more