By Leonidas Stergiou This November is very similar to last year for business. But not for households. Net flows in corporate deposit accounts amounted to 2.1 billion euros, compared to -0.6 million euros in October. The households not only did not save, but received 224 million euros from the ready. At the same time, central […]
Tag: Mortgages
The Battle Of Mortgages, Fixed Or Variable Rate? With Bonuses Or Without Them?
In this episode we ask ourselves which mortgages are the most attractive in the market and how to know which ones are right for us. We also talk about whether it is time to bet on banks in the stock market Where to listen to us? All episodes of ‘The clear accounts’ they are on […]
Hiring a mortgage from an online bank is more comfortable … and cheaper?
Generally, when someone wants to finance the purchase of a property, they first think of going to a bank that has always been used for life. However, more and more potential buyers choose to take out a mortgage with an online bank such as Coinc, ING or EVO Banco. According to the financial comparator, it […]
The Supreme Court closes the distribution of expenses in abusive mortgage clauses: the appraisal also corresponds to the bank
The Supreme Court has finished clarifying what expenses users can claim from financial institutions after declaring null the clause that imposed all payments related to a mortgage. The Plenary of the Civil Chamber has agreed that the appraisal expenses correspond to the bank, contrary to what was included in the mortgage contracts for decades. The […]
How to change banks a mortgage for free and save up to € 40,000 in interest
Between May and October 2020, more than 7,000 clients (40% more than in the same period of 2019) decided to change their mortgage bank to improve it and pay cheaper installments, according to data from the National Institute of Statistics. This shows the popularity that this operation has gained, to which many mortgages can still […]
The Euribor marks its fifth consecutive all-time low after six months of falls due to the ECB’s policies against the pandemic
The 12-month Euribor, the indicator most used in Spain to calculate mortgage payments, its fifth consecutive historical minimum will be recorded in December. This will mean a reduction in mortgages that will review their installment soon. In the absence of definitive data and subsequent confirmation from the Bank of Spain, the Euribor averaged -0.496% in […]
The best mortgages with which it says goodbye this 2020
The current economic and health context that we live in Spain does not exactly invite us to acquire a home. Maybe that’s why, banks operating in our country keep their mortgage loans very cheap, as they need to encourage their hiring to close the year with more positive figures. From HelpMyCash.com they have studied the […]
Is it a good idea to take out a fixed mortgage with a Euribor below 0%?
Banks have never offered fixed mortgages as cheap as the ones they sell now, with rates that can be 1.40% or even lower. Now, given that the Euribor has been trading at historic lows for a few months (-0.466% in October), financing the purchase of a home with a variable interest loan seems cheaper, since […]
This is the cheapest mortgages of the month of November
The mortgage war is still very much alive in November. Perhaps to try to improve the bad numbers of hiring that were registered during the previous state of alarm, the Spanish banks keep the conditions of their loans for housing very attractive, especially in the fixed rate offers. For those who want to know what […]
How much you can save on your mortgage if you change banks
 For approximately half a year, banks operating in Spain have been waging a new trade war to “steal” mortgages, that is, to capture mortgages from other entities. To this end, many finance companies have launched attractive surrogacy offers (the technical name of this operation) with which they propose to outside clients to move to […]