Post by account_disabled on Feb 26, 2024 23:52:30 GMT -5
Purchasing a home is a very important decision in the life of a person or family. For young people who are beginning to think about a stable future, this sometimes seems to be a very difficult or overwhelming task, almost bordering on the impossible, and how did our parents manage to have assets at such a young age? The truth is that times have changed. According to data from the Federal Mortgage Society , in 2016 alone the prices of new homes in the country increased on average by eight percent, and in the case of used homes, by six percent. This without mentioning, of course, specific areas of some cities, which are increasing year after year, such as Polanco or Roma Norte in Mexico City, to name a few, which reached an increase of up to 45 percent compared to to the previous year.
Sometimes it seems that everything is going up (except our income) and that nothing helps to have a more encouraging outlook or with greater Chinese Thailand Phone Number List facilities to start building wealth, however not everything is like that. Taking into account the difficulties, a bank, in solidarity with the family economy in Mexico, reduced the interest rates on its loans so that acquiring a home could be easier and made the mortgage more competitive on the market. This is HSBC, which on August 8 announced its new interest amounts for mortgage loans. What is a mortgage? This is a bank loan intended to facilitate the purchase of a home, whether new or used, or to transfer a mortgage that is already held with another financial institution and the property remains as payment guarantee.
One of the great advantages of a mortgage loan is that it is paid as if it were a monthly rent, with a low initial investment, ideal for people or families who want to purchase a house but cannot do so in cash or who do not want to become decapitalized. Given such a measure to support Mexican families, the HSBC bank becomes an excellent option when considering the option of a mortgage loan. Why is it the most competitive mortgage on the market? According to the bank, a fixed annual rate mortgage will be available from 9.39 percent up to 20 years, making it the most competitive mortgage on the market. With the adjustment to the amount, a housing loan of between 9.39 and 10.69 percent annual fixed interest rate can be acquired, depending on the amount of the down payment that is provided and the financing term that is contracted. “At HSBC we seek to make new loans more attractive and support Mexican families, which is why we lowered our interest rates by between 30 and 50 basis points to position ourselves as one of the most competitive institutions in the market,” said Roberto Gándara, Director.
Sometimes it seems that everything is going up (except our income) and that nothing helps to have a more encouraging outlook or with greater Chinese Thailand Phone Number List facilities to start building wealth, however not everything is like that. Taking into account the difficulties, a bank, in solidarity with the family economy in Mexico, reduced the interest rates on its loans so that acquiring a home could be easier and made the mortgage more competitive on the market. This is HSBC, which on August 8 announced its new interest amounts for mortgage loans. What is a mortgage? This is a bank loan intended to facilitate the purchase of a home, whether new or used, or to transfer a mortgage that is already held with another financial institution and the property remains as payment guarantee.
One of the great advantages of a mortgage loan is that it is paid as if it were a monthly rent, with a low initial investment, ideal for people or families who want to purchase a house but cannot do so in cash or who do not want to become decapitalized. Given such a measure to support Mexican families, the HSBC bank becomes an excellent option when considering the option of a mortgage loan. Why is it the most competitive mortgage on the market? According to the bank, a fixed annual rate mortgage will be available from 9.39 percent up to 20 years, making it the most competitive mortgage on the market. With the adjustment to the amount, a housing loan of between 9.39 and 10.69 percent annual fixed interest rate can be acquired, depending on the amount of the down payment that is provided and the financing term that is contracted. “At HSBC we seek to make new loans more attractive and support Mexican families, which is why we lowered our interest rates by between 30 and 50 basis points to position ourselves as one of the most competitive institutions in the market,” said Roberto Gándara, Director.