New State-Guaranteed Mortgages for Large Families: How It Works and What You Need to Know

New State-Guaranteed Mortgages for Large Families: How It Works and What You Need to Know

Large families will be able to get it mortgages facilitated with the guarantee of the State. With even greater coverage than that currently granted to young people under 36. The law is ready, and has been included in the package of amendments to the budget deposited yesterday by the rapporteurs of the measure in the … Read more

The mortgage firm in the Canary Islands resists in October, except for the general decline in the country

The mortgage firm in the Canary Islands resists in October, except for the general decline in the country

Canary Islands and Castilla-La Mancha were the only autonomous communities in which mortgages increased on housing last October, according to provisional data released this Monday by the College of Registrars. In the Canary Islands they increased by 3.5% compared to October 2022 and in Castilla-La Mancha by 4.4%, while the most notable declines were recorded … Read more

We are retired with $1.4 million in investments and 2 mortgages worth $200,000. Should we pay them back and risk increasing our Medicare premium? – CNET

We are retired with .4 million in investments and 2 mortgages worth 0,000.  Should we pay them back and risk increasing our Medicare premium?  – CNET

My wife and I are both retired. Currently we have an IRA worth over $800,000 that is intact and stocks worth $600,000. We receive pensions and Social Security, which amount to about $9,000 a month, but we have two mortgages that are not being paid off. Our primary mortgage has $42,000 left with 2.5% interest, … Read more

Self-employed people can change their mortgages from variable to fixed rates without commissions until December 31

Self-employed people can change their mortgages from variable to fixed rates without commissions until December 31

With just a few weeks left until the end of 2023, the Bank of Spain has recalled some of the measures in force until December 31 in mortgage matters. For example, the possibility of self-employed people changing their home mortgages from variable to fixed rates. without paying any type of commission to your bank. This … Read more

Mortgage applications to buy a home in the US increase for the fourth week

Mortgage applications to buy a home in the US increase for the fourth week

Bloomberg — Mortgage applications for home purchases in the US increased for the fourth consecutive week, the largest streak of increases since March, helped by a further relaxation in borrowing costs. The Mortgage Bankers Association’s purchase application index rose 4.7% to a two-month high of 144.9 in the week ended Nov. 24. The contractual rate … Read more

Mortgages in Vigo collapse: they fall more than the Spanish average

Mortgages in Vigo collapse: they fall more than the Spanish average

The real estate market is taking a turn and as shown by the data from the mortgageswhat they fall 36.7% in Vigo and the province in the month of September, when 343 were established compared to 542 in the same month last year. In the accumulated of the year, in the first nine months of … Read more

The moderation of the Euribor will not prevent mortgages pending review from rising again

The moderation of the Euribor will not prevent mortgages pending review from rising again

The twelve-month Euribor, the indicator most used in the State to calculate the installments of variable mortgages, is on track to close November with an average rate of around 4.028%, which will mark its second drop of the year. Despite this foreseeable decrease in the Euribor in November, the installments of variable mortgages that have … Read more

What kind of apartment can a person afford? Experts come up with a solution that gives advice even before visiting the bank – News

What kind of apartment can a person afford?  Experts come up with a solution that gives advice even before visiting the bank – News

The case is real, one of many encountered by Martin Machala, the head of Ownest. She comes up with a solution. Together with the Bezrealitky.cz server, people can calculate for free how high a mortgage they can get given their income. He advises how much they will pay monthly and selects an apartment or house … Read more

This is how the Code of Good Practices of the Bank of Spain works to protect mortgage holders

This is how the Code of Good Practices of the Bank of Spain works to protect mortgage holders

Although this Thursday the European Central Bank (BCE) has decided to keep the price of money unchanged, interest rates have not stopped rising since July 2022. And it has done so at an unprecedented rate since its creation in 1999: 4.5 percentage points. With these figures, the ECB has decided to leave the main rate … Read more