PRACTICAL TIPS. You may be surprised at how many folk make assumptions and act without any research into the mechanisms of financial life here, and then wonder why things go pear-shaped. Good tips and advice to make things right by taking easy decisions, by Mark Mountney.
Our mortgage broker, Mark Mountney, writes about how positive could be to buy now in Spain. Interesting points from a mortgage expert perspective. 1) The potential of buying a property today some 30-40% less than it was a year ago. 2) Mortgage rates in the Eurozone are low, circa 3% only as an average.
The European Central Bank are, arguably, in a difficult position! On the one hand, they have to defend against inflation. On the other hand, neither will they feel the need to reduce the base rate further; that would heighten inflation where it is already found. Our mortgage adviser, Mark Mountney, makes his point clear about the Euribor rates forecast.