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.