Mortgages, variable rate towards 5%: highest installment of 200 euros in a year
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Variable rate mortgages towards the sting
Variable-rate mortgages projected towards 5% and yet another sting for those who have a loan of this type in progress. This is the market scenario that lies ahead if next Thursday the ECB implements yet another increase (by 25 or 50 cents) in the reference rate, assuming that the Euribor, the variable indexation parameter, follows the path traced by Frankfurt , as it has in recent months. The risk that the installments will become unsustainable therefore increases for a part of the families who took out an indexed mortgage at the time (by conscious choice or induced by not always disinterested advice at the counter) and who did not want or were able to seize the opportunity to replace in time.
03 May 2023
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