The Ist document without title Euribor

City Finance. The government will help in the enlargement of the term of the mortgage. It leaves your comments...
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The government will help in the enlargement of the term of the mortgage


The government will help in the enlargement of the term of the mortgage


   The payment of the mortgage represents every steals to major problem. There plows several fundamentally causes that prevent many families from facing the payment of the letters of the mortgage they praise with serviceability:

       - On one hand there is the was uncreating of the Index-Link of Reference of the Loans Mortgage (IRPH) and especially of the most awesome indicator and to that most of the loans plows indexed mortgage: the Euribor. Although to tendency existed in the last ones months to the fall, it returns to repuntar strongly, backtracking all the way in descent covered in the months previous and is located again in value near to 5 %.

       - The inflation in rise that mines the purchasing power of the consumers, takes five consecutive months in Superior value to 4 % and being 4,5 % in March.

   All these factors plows decisive for that many mortgaged, they contemplate you you with worry, that every steal is minor the margin of have uneats that they have to do opposite to the letters of the mortgage, form being seen compromised of it would be his financial stability.

   In this sense the Government goes to help to the families that wish it to extend the term of payment of his mortgage loans, in order to which with the was uncreating they years of the payment, plow reduced by the quantity of quota to pay in every letter.

   With the agreement that is hanging between Government and financial institutions, notaries and registrars, there will remain eliminated the commission of 0,1 %, them bureaucratic expenses and the taxes that this practice bears.

   This way to mortgage of 150.000 euros, one would save 328 euros that it would imply the expenses of to carry an enlargement out. This help will begin in In May and it will be in I forced for two years.

City Finance It leaves your comments On April 20, 2008
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Pedro Solbes points out that Spain is far from an economic crisis
They raise the mortgages, raise the food, raise the fuels
The government will help in the enlargement of the term of the mortgage
The IMF glimpses to very negative economic horizon for Spain
The CNC opens sanctioning records against several food companies
Trichet removes the possibility of reducing the interest rates
Central principal The banks of the world will award liquidity
Visa wants to go out in bag
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The surplus of the Social security will be Superior to 8.000 million euros.
The sudden fall of the demand of the housing plows to close 40.000 obtain.
The Social Minister of Labour and Affairs speaks about the march of the economy and of the work
The inflation reaches 4,1 % of interannual change in November
The slowness valuation for stopping paying the quota of the mortgage you were uncreating.
The second consecutive descent of the Euribor. In November it lowers 4,607 % (2-12-07)


November, 2007
October, 2007
September, 2007
August, 2007
July, 2007

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