Bank of Spain warns families of increase in convertible mortgages already: “The financial burden will be high”

  • Danielle Via

    madrid

Updates

ECB’s monetary normalization is going to make financing conditions more expensive, adding to slower recovery and higher inflation

A poster advertising an apartment for sale in the center of Madrid.
A poster advertising an apartment for sale in the center of Madrid.J. martínez
  • projections Crisis worsens: Bank of Spain lowers its GDP forecast again and warns of “more intense” inflation

Families with variable interest rate mortgages will have to bear a higher financial burden. he is, that your home loan will become more expensivethat they have to allocate a substantial part of their income to face

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