Due to the rise of the Euribor, one-third of apartments in Burgos are fully paid for in ‘tocateja’ style.

Due to the rise of the Euribor, one-third of apartments in Burgos are fully paid for in ‘tocateja’ style.

It is a procedure, at first glance, unusual and surprising. However, it is much more common than it seems as the data shows. The acquisition of a home in cash, that is, without the need for a mortgage, is a reality that accompanies one in three real estate operations in the province of Burgos. If … Read more

All Spanish Mortgage Holders Can Rejoice as Esteemed Economist Reveals Positive Development

All Spanish Mortgage Holders Can Rejoice as Esteemed Economist Reveals Positive Development

After months of bad news for those who have variable mortgages in Spain due to the continued rise in interest rates and the Euribor, an index that most experts placed at 4% throughout 2023, the shock in the markets caused by the intervention of the American Silicon Valley Bank last Friday could change the forecasts. … Read more

Fixed-rate mortgages peak

Fixed-rate mortgages peak

The weight of the new mortgages fixed rate reached an unprecedented record in 2022, with 70.9% of all contracts signed. The progression skyrocketed in 2020, after many years of predominance of those of variable interest (until 2015 they were more than 90% of those signed), but they are beginning to gain ground again as experts … Read more

The home mortgage firm rises 10.9% in 2022, to its highest figure in 12 years

The home mortgage firm rises 10.9% in 2022, to its highest figure in 12 years

The number of mortgages constituted on homes rose 10.9% in 2022 compared to the previous year, to add 463,614, its highest figure since 2010, when home loans reached 607,535, according to data released this Thursday by the National Institute of Statistics (INE). With this rebound in 2022, the home mortgage firm chains two years of … Read more

What are the expectations of real estate market experts? The prices of cottages will drop sharply

What are the expectations of real estate market experts?  The prices of cottages will drop sharply

Dalibor Lamla, Trikaya In the residential real estate market, buyers will be pulling for the longer end in the near future. Less energy-intensive apartments and those located in sought-after locations will always withstand downward pressure better than atypical or energy-intensive units. František Šudřich, Impera style Purchases of new apartments in Brno have now started to … Read more

Leaving with a mortgage can be expensive, admits the head of the largest Czech bank

Leaving with a mortgage can be expensive, admits the head of the largest Czech bank

Going to the competition for a cheaper mortgage has never been easier. And when interest rates start moving, some clients will want to look elsewhere for better interest rates. So far it’s almost free. The vast majority of Czech banks “fine” leaving before the expiry of the fixation only symbolically, in the form of one … Read more

Mortgages: Mortgage loan interest rose to 10%, its highest level in 13 years

Mortgages: Mortgage loan interest rose to 10%, its highest level in 13 years

Los mortgage credits They have been getting more expensive since mid-2021 and now they reach an annual rate of 10% on average, according to data from the Superintendence of Banking, Insurance and AFP (SBS). This 10% implies that the mortgages they would have reached their highest interest rate in 13 years, since they had not … Read more

This is one of the most contracted mortgages right now: resounding success

This is one of the most contracted mortgages right now: resounding success

In recent months, there has been a Change of trend in it mortgage market. The euribor, which is above 3%, a figure that has not been seen since the end of 2008, has raised the installments of variable-rate mortgages. Furthermore, before the uncertainty of the global economyusers also see problems when hiring a loan to … Read more