Resumes quota demand for fixed rate. With the 'Irs lows as always, potential borrowers revalue the fixed-rate mortgages. Data Centre 's MutuiOnline to point out that in the quarter lugliosettembre requests for these loans jumped to 37.5%, against 25.9% in the first half. What makes it more attractive fixed rates also contributed to the slight decline in the average spread charged by banks. "In the twenty-year funding - says Roberto Anedda, MutuiOnline vice president - dropped by '1.40% in July this year' s, all 'current 1.35%, while the thirty-year period fell from 1.55% to 1.49%. They are, however, remained virtually unchanged, the spreads on average variable rates. " Among the products currently available on the fixed market, of particular interest fixed mortgage last minute of the Group Banco Popular, which provides a fixed rate of 2.95% for the first two years and 4% for subsequent years. The duration is from 10 to 30 years el 'amount financed is up to' 80% of the market value indicated in expertise. 'S offer is valid for the loan application signed no later than November 30, 2010 and concluded by the end of this year' s and can be also used for operations of substitution. Current levels of fixed-rate mortgages are particularly attractive to those who want to be sure of the 'extent of the installment for the duration of the loan. Which makes it even stronger with the dilemma: fixed or variable? "In the case of long-term loans, as the twentieth anniversary - explains Egidio Vacchini, managing director of Projects - Who will enter into a fixed rate mortgage will guarantee a rate to values \u200b\u200bin the 'orbit of 3% plus a spread. However, those who opt for a variable rate loan now will get a rate of about 3 months to 0.95% plus a spread, but with the prospect of seeing him grow over time. " To what level will reach the 'Euribor do not know, but knowing the historical average of around 3%, with peaks that exceeded the 5.2% we can get an 'idea of \u200b\u200bhow the potential variability of that rate. "In this historical phase in which the parameter base for fixed-rate mortgages is very low - reports Joseph Piano Mortari, chief operating Assofin - consumers who do not want to risk have a 'unique opportunity to secure their installment maybe for the next 25 or 30 years. " 'S current level of fixed-rate mortgages has slowed the demand for adjustable-rate mortgages during the quarter that capped lugliosettembre this year' s was 16.3%, while in the first half of 2010 was 18.5%. The less funding is understandable, given that protection to 5.5% is considered carefully by the prospective borrower compared to a fixed rate of around 4%. "The fixed rates at such low levels - explains Roberto Anedda - ignite a new interest, even by borrowers, having a fixed-rate loan content, not the 'had hitherto considered affordable. Currently, even those with a fixed rate mortgage of around 5.5% could be considered the 'need to maintain the security of fixed but moving at a rate of slightly above 4%. " This is convenient only if the borrower has not paid more than half the rate of the loan. Do not spoil remember that the calculator rates may change even in the short than the minimum current, especially with regard to fixed rates, which should be the first to react to a more robust outlook for economic recovery. It 'should therefore be considered when you have found the rate more attractive, the' hood borrower prior experience with the bank how long this rate will be maintained in order to encourage the signing of the contact. This is because banks often update the calculation of a day 's disbursement of the loan and consequently significant changes in the rate would result in a higher installment. (Rs)
- the Republic, Business & Finance, October 11, 2010
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