The average mortgage raises 13 % in 2006
28.03.2007
Since the number of mortgage loans for housings that are signed every month remains more or less invariable, his average amount increases. During the last January, 126.266 persons signed in Spain a loan for an average value for 147.332 euros, while in January of last year the average was 130.000 euros, 13 % less, according to information that yesterday the National Institute of Statistics did publics.
Although the interest rates are located in his highest level from 2001, and of that the experts think that the European Central Bank will raise them again up to 4,25 %, the Spanish keep on pushing the mortgages of fixed type back: it is only 1,7 % of the constituted ones in January, 98,3 % of those of variable type.
Changes in the conditions of the mortgages
And more and more clients change the conditions of his mortgages: in January there were 26.182, 33 % more than one year earlier. The principal motive was for novation (modifications realized with the proper entity).
Route | The country
It helps to pay my mortgage in exchange for friendship
20.03.2007
Due to the mortgage current situation, the familiar debt and the continuous and unstoppable increase of the types interest rates, many persons are coming to economic situations limit and for it they resort to ingenious help methods.
One of more you surprise that I have seen lately it has been in a bulletin board classified free where someone offers friendship in exchange for a help to pay his mortgage.
NOTHING OF ALONE SEX FRIENDSHIP
Mortgage remains me and. To: to you money? order me an email and let's make change, CURIOUS ABTENERSE, alone for those persons that on money and do not have with who to share it, they are alone in the life with a good heredity and have no family to who to leave it to him, for persons major that his children have given of side and to bother them they do not want to leave heredity to him I I change it for friendship, although this looks like a prank it it is not, it is a change of interests, To: As what does the money serve if you do not have in spite of whom sharing it? To: Of what do they serve to be the good people and is a kind and nice person if the mortgage has so drowned to you that you want not even time to make friends or simply to enjoy of one day your family because you have to work 24h a day and the moment that you have left to think at that more you can be employed to come at the end of month? since you see some money remains him and friendship remains others, if you are interested / interested order me an email and we never speak it is known, equal is the perfect solution for your solitude and my mortgage
Probably to average that the situation is more complicated this type of announcements will become more frequent.
Route | Urgenzia.com
The Santander extends his mortgages
20.03.2007
The bank Santander has adapted his offer in mortgages to the new circumstances to the rise of the official interest rates. With this new scale of mortgage loans, the bank tries to facilitate the payment of the monthly quotas during the first years and ‘not to lengthen unnecessarily’ the duration of the credits.
The Mortgage Quota Zero allows to the holders not to pay either the first 12 months or capital or interests and destine this money to other expenses. The term of cancellation is 30 years, although the client will be able to negotiate up to a maximum of 40.
The Mortgage Progressive Quota and the Mortgage Quota Progressive Zero, that reduce the amount of the payments during the initial third of life of the credits (the amortization ceiling in both cases loans is 30 years).
The amount will be increasing to a rhythm per year of 2 %, although this percentage will be seen affected by the changes to the rise or the fall of the nominal interest rate that is applied to the loan.
Route | Five Days
Ibercaja and the Town hall of Huesca Renew the Young Mortgage
15.03.2007
Finally young mortgage renewed the agreement for the financial service, directed to clients younger than 35 years who want to acquire his habitual housing.
This mortgage has the advantage of which he does not suppose commissions of opening or of modification of conditions, case of early amortization. He supposes an one per cent of commission if it takes another banking institution.
Route | Newspaper of Aragon
The BCE raises the interest rates up to 3,75 %
08.03.2007
The forecasts of the analysts have been confirmed and the BCE has raised the types a quarter of point, up to 3,75 per cent. Europe takes six months with inflation valuations below the maximum limit marked by the BCE like target, but the inflationary risks are a part of the reasons that have advised to the regulatory organ to take this decision. The motive is that he hopes that an upturn of the inflation should take place in the second half of the year.
If, according to the Spanish Mortgage Association, The hearths and companies that have a mortgage in Spain dedicate an average for 9.414 euros every year to pay his debt, more 8 per cent of what they had to destine in 2006, 8.711 euros. The mortgage comes up already it is in 144.000 euros, and 4,69 per cent are hired and to 27 years.
This way - the things, the families accumulate an indebtedness (both for the mortgages and for other concepts) that 83 per cent of the GDP reach, therefore the evolution of the types is very important. The companies have got into debt very much in the last years, but according to The Caixa, the types increase even 3,75 per cent will not compromise his financial situation.
route | Libertad Digital
The project of Mortgage Law is approved
03.03.2007
Route | 20 minutes
