/cloudfront-eu-central-1.images.arcpublishing.com/larazon/FCGPWTPFDRFT5DDULTMKQ34K6A.jpg "The mortgage company grows by 45.9% in Madrid and takes the lead in all of Spain")
The number of Mortgages established on houses in the Community of Madrid increased by 11.5% last September compared to the same month of 2021, up to 8,836 loans, according to data released this Wednesday by the National Institute of Statistics (INE). Compared to the month of August, the number of mortgaged homes grew by 45.9% … Read more
“Frightened, the scariest I’ve ever been in my life,” April Booth shared how she felt seeing flames and smoke inside the apartment she’s staying in when an electric bike’s lithium-ion battery it caught fire on Tuesday morning. Firefighters responded to an emergency call at 6:50 a.m. when they reported smoke coming from the sixth floor … Read more
/cloudfront-eu-central-1.images.arcpublishing.com/larazon/RKVDHBKKWNBKPK5XWJ5QIMQDNI.jpg "Countdown to protect families from the burden of soaring mortgages")
The government and the bank are already negotiating against the clock to reach an agreement on the measures with which it is foreseen cushion the first impact in the updating of household mortgage rates before the dizzying rise in the Euribor following the policy of increasing the cost of money implemented by the European Central … Read more
The Popular Party (PP) proposes to temporarily recover the tax deduction for the purchase of a habitual residence, a measure that the Government of Mariano Rajoy at the time abolished, and limit it to two years. The main opposition party says it can be funded with part of the 28,000 million that Pedro Sánchez’s government … Read more
“The owner of the house wants to evict us,” said tenant Miriam Andrade. For 22 years, Andrade, a 50-year-old Ecuadorian, has lived in a building in Brooklyn and says her landlord wants to evict her, which seems illogical and inhumane as it ensures there are empty units. “That we are families that have children, that … Read more
The head of the PP, Alberto Núñez Feijóo, launched this Thursday two proposals to help families in the face of the increase in mortgageswhich provides for the creation of a fund with contributions from banks and the state in favor of medium and low incomes, as well as the recovery of the “old tax deduction … Read more
/cloudfront-eu-central-1.images.arcpublishing.com/larazon/S62UXGAAJ5HMTHBBVK6DKDG7VE.jpg "This is all you need to know about mortgage life insurance")
Buying a home is one of the most significant financial investments in a person’s life, as he will have to face numerous expenses such as acquiring the land, furnishing the property, paying for supplies or even taking out insurance, among others. Hence, all of these elements can greatly increase the final bill that must be … Read more
The number of mortgages made on homes in Spain stood at 36,721 last August, 10.5% more than in the same month of 2021, which adds 18 months to the increase and has increased by 2.2% since July. Since 2010, the year in which more than 50,000 mortgages were signed, no higher figure was known, according … Read more
The number of mortgages constituted on dwellings in Spain stood at 36,721 last AugustAnd 10.5% more that in the same month of 2021, with which he adds 18 months and up, according to data published this Wednesday by the National Statistics Institute (INE). The average amount of these mortgages was € 145,287, 5.4% more than … Read more
Freddie Mac has released the results of his Primary Mortgage Market Survey (PMMS), proving this 30-year fixed rate mortgages (FRMs) averaged 6.66%. “Mortgage rates fell slightly this week due to the current economic uncertainty”said Sam Khater, Freddie Mac’s chief economist. “However, the rates are still quite high compared to just a year ago, which means … Read more