Almost two more monthly salaries a year what supposes the increase for an average mortgage
03.05.2007
The euribor, the reference most used to fix the interest rates of the mortgages, touched yesterday the barrier of 4,30 %. Hundreds of thousands of Spanish watch every month, and nineteen go continued rising, his evolution and they do accounts.
In this moment, the average mortgage has got dearer in almost thousand euros a year. Namely that in twelve months we are paying almost two more monthly quotas. The matter begins being a problem, and seriously, that it is necessary to add to not less serious other: the expectation of a worsening in what the economists call the effect wealth.
The owner of an apartment relies on that his housing costs a certain quantity and feels calm and his economy works, of course bearing in mind that it has an employment, but also that has a house with a value. In this moment, the prices are falling down and the perspectives of future of these hundreds of thousands of owners of apartments it deteriorates. His house already does not cost what he believed that was costing and those who are still paying it to the bank see also how his monthly salaries get dearer.
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