fixed rate

How to get the best fixed mortgage in 2022

How to get the best fixed mortgage in 2022

In the last year the mortgage market experienced a remarkable growth and everything seems to indicate that, in the coming months, the trend will continue to be upward. One of the main reasons is the good prices of mortgages, especially fixed-rate mortgages. Major banks are offering mortgage products with very attractive conditions for home buyers. According to the latest data published by the INE, in October 2021 the number of mortgages constituted on homes was 27.9% higher than during the same period of the previous year. A revealing fact that serves as an example of the boom that the buying and selling…
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Mixed mortgages: advantages and disadvantages

Mixed mortgages: advantages and disadvantages

When the need arises to apply for a real estate loan, the first thing that is thought of is the interest rate that will benefit us the most: fixed or variable. But what about mixed mortgages? It is a modality in which the two previous types are combined and, according to financial experts, are more advisable for customers with the ability to make an early amortization. In this article we tell you what this type of mortgage consists of, as well as some of its advantages and disadvantages. What is a mixed mortgage? It is a mortgage loan that combines…
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Fixed or variable mortgage. Which one to choose in 2021?

Fixed or variable mortgage. Which one to choose in 2021?

Fixed or variable mortgage? It is the big question for anyone who needs a bank loan to buy their home. The answer is never easy and will always depend on a series of conditions: repayment term, present and future income or the level of savings of the applicant. But after a year of health and economic crisis caused by the Covid-19 pandemic, the decision becomes more difficult. We explain the advantages and disadvantages of both at this time and according to the current general banking conditions. Increases the percentage of fixed-rate mortgages contracted Until a few years ago, buyers opted to take…
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