The overall mortgage delinquency rate over 6%, while the families for home purchase is less than 2.5%. It’s the last thing left to pay. Despite the difficulties to meet the mortgage payment not all stories end badly. The BBVA have spent up to 105,000 customers in search of a solution, 46,000 mortgage, in La...
BBVA and Santander are shedding assets awarded as payment of debt discounts of around 50% of the value they had when they signed the mortgage. So says Fitch, who has analyzed contained 8235 foreclosed on the balance sheets of large institutions and the prices at which sold 2,500 units (generating 400 million euros in...
According to data published by the National Statistics Institute (INE), the home is cheapened in the third quarter by 7.4% over the same period last year. The decrease between July and September is approaching the maximum falls within the sector in the first half of 2009, when it came down to 7.7%. In the...
By September, it sold 240,673 homes in Spain, 29.3% less than the same period last year. Taking only the data for the third quarter, the number of transactions amounted to 75,462, 6.3% less. That figure far below the accumulated data, suggests that the decision in August by the Government to reduce VAT linked to...
According to the Consumer Confidence Indicator (CCI), developed first by the Center for Sociological Research (CIS), more than half of respondents predicts significant changes in the price of housing in 2012, while 7% predicts increases. Among those who believe that prices will fall, 29.6% indicated that it is because “there are many housing supply”,...
New loans granted by financial institutions to buy homes in October dropped 39% over the same month last year. Reached 2.745 million euros compared to 4.484 million in October 2010, according to the Bank of Spain. The data confirms the trend throughout the year, although in October for the third consecutive month, new loans...
In the constant search for better conditions of life involving greater stability and generate greater satisfaction with oneself and the life that leads people want and do everything possible to acquire certain assets that represent a breakthrough in life and which can meet different aspects of daily living and a way of creating an...
As you know one of the most common ways to make buying a home is through mortgages, since they offer a quick solution for the money of buying a house and eventually will meet the obligation to pay the money without But this type of financial product by certain conditions in the world market...
In search of development and better living conditions many people are turning to mortgage loans to ensure the acquisition of real property, whether for homes, commercial premises or to develop any kind of activity that suggest owning a property, this happens because the amount of money that suggest a property is plentiful, but at...