Mortgage Loans: a Sixth Bank Changed the Rate and Offers One of the Lowest on the Market
5 Articles
5 Articles
Another bank adds to the low rates of its mortgage loans and there are already six that began to change the current situation in the housing market. It is clear that it is not any other week, since on Monday the first tender of the Sustainability Guarantee Fund (FGS) was held with which the banks hope to get more anchoring and thus be able to lend in the long term.In this context, the City Bank decided to decrease the interest of its mortgage lo…
The line for the first home will have a fixed rate of 6.5% and targets middle-income households. With a $100 million loan in UVAs, the initial fee is around $658.000 per month.
The head of government of Buenos Aires, Jorge Macri, said: “With the new conditions, the loans will have the lowest share of the market, similar to or less than what a rent costs.”
The Porteño government has announced a new preferential fixed rate for the loans of the Banco Ciudad destined for the purchase of the first housing. For a credit of $100 million to 25 years, the initial fee will be $658.000 and revenues must be credited from $2,632,000. Continue reading in Pura City: Banco Ciudad low to 6.5% the rate of the mortgage credits for first housing
The Porteño government ordered a decrease in the preferential interest of its UVAs credits for the middle class, after modifying the Organic Charter of the entity and taking advantage of the anchoring of the FGS of Anses.
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