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How mortgages changed in the last 10 year

02 Май 2017

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The Internal Revenue Service has provided some interesting data on the state of the supply, the average mortgage rate and the repayment installments from 2006 to 2016. One of the most important aspects for those who want to invest in a property, if it is their first or second home, is the interest rate that, up to now has been preferred in the fixed shape due to its very low value, but in the coming years it will excel on variable according to the latest forecasts of Euris and Euribor. In fact it is estimated that from 2021 the growth of the interest rates will be clear. 2017 still seems to be a suitable moment to buy home and benefit from competitive interest rates on mortgages, before the ascent will begin from 2018.

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