Alternatives to the Euribor in the mortgage loans
24.02.2006
Some movements begin in the sector. This way - Banesto gives to his clients an insurance of coverage that reduces the impact in the quotas if the Eurí-bor rises over a limit. Others, instead of this type of protection, bet for extending the credits up to 50 years. Between them, the BBK and the Labor Box. A practice that the Spanish Bank does not like too much.
The last step has given The Caixa, which last week presented an innovative mortgage. A contract in which the client decides what part of the entire total he is going to pay to fixed guy and which to variable type along the whole life of the contract. It would be desirable at that the number of mortgage operations slightly sensitive to the interest rate, the Catalan box aims in his last report on the real estate market.
Comments
Something on that to comment?
