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Post by account_disabled on Mar 11, 2024 5:04:22 GMT -5
The acting Minister of Finance and Public Function, María Jesús Montero , believes that banks must "commit and get involved" in a situation marked by the rise in mortgage prices due to the rise in the Euribor. "That banks and financial entities have to commit and have to get involved in something that cannot affect domestic economies in such a noticeable way. It is a crucial issue for this society," Montero stressed in an interview on the program 'La Hora de la 1', from TVE. The socialists have proposed extending the term Cambodia Telegram Number Data of mortgages up to seven years for households with incomes equal to or less than 37,800 euros per year (average income in the country), which would mean a saving of 300 euros per month and 3,600 euros per year. This will expand the Code of Good Practices for the viable restructuring of debts with a mortgage guarantee on the habitual residence , with the aim that these families with average income can extend their mortgage for seven years or freeze the payment of the installment during the first year. . "We are very aware and it is one of the main problems and, therefore, the main concern that the Government has," Montero acknowledged during the interview. For the acting minister, both access to housing at affordable prices and the provision of rental housing, primarily for young people, is crucial to confront the escalation of prices due to the rise in rates. " Housing is not a luxury good , it is not something to which such an important part of the salary can be dedicated to the mortgage or rent as many families are doing and therefore it is going to be one of the workhorses during this legislature," he assured.
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