Tuesday, September 6, 2011

Cheap building loan: Borrowers will benefit from the crisis fear

Home »Real Estate, Business + economy
Registered on 26 August 2011 - 10:25 No Comment

Builders and owners benefit from the mortgage loans with expiring recession fears in the markets. The mortgage interest rates are again after a recent recovery decreased significantly. Reason is the flight of many investors into safe investments like government bonds and mortgage bonds. This drives up solar geyser prices and forces analogous to the interest. Due to the strong competition in the mortgage market, banks must pass on the favorable refinancing terms to their customers.
15 years fixed interest rate costs less than 4 percent

The interest rate index of FMH independent financial advice for building loans has a five-year fixed interest rate of an average of 2.97 percent. Six months ago the index stood at 3.54 percent. Mortgage loans are fixed-rate period of ten years, according to the FMH available for an average of 3.48 per cent to 4.05 percent six months ago. 15 years fixed interest rate today cost 3.98 percent, 55 basis points less than they were six months ago. Consultants and brokers to keep their customers happy in those days before the image of the "historic opportunity" eyes. Mortgages but could be even cheaper.
The deep crisis has not been reached