repayment terms

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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