Mortgage loans: To extend the ceiling on floating interest rates – 2024-07-16 06:06:31

Mortgage loans: To extend the ceiling on floating interest rates
 – 2024-07-16 06:06:31

Peloponnese Newsroom

We’re approaching the one-year anniversary of the activation of the mortgage interest rate freeze.

The measure concerns informed borrowers, i.e. those who, throughout this period, regularly and on time fulfill their obligations regarding the loans they have received. The measure appears to be “locked in” until December 31 of this year.

According to newsit, it is recalled that the relevant measure was taken a year ago, when the base interest rate in European Central Bank it was at 3.25.

Today we are 75 basis points higher, close to 4 to 4.25. This comes at a time when, if they are confirmed, which are usually confirmed, the estimates of the central banker Yiannis Stournaras that we should not expect an interest rate cut before the June 6 meeting at the European Central Bank and it will not be 50 basis points, but 25 , it is of great importance to grant an extension for these borrowers until at least the end of 24.

It should be noted that this measure seems to be locked and it seems based on the latest information that it will concern at least the period until December 31 of this year.

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