Hiring a variable mortgage to finance the purchase of a house or an apartment seems, today, a high-risk operation. And it is that the Euribor, the index used to calculate the interest rate of these products, is skyrocketing: it exceeded 4% in June (a value that had not reached it since 2008) and could end the year around 4.5% or above.
In this context, opting for a fixed mortgage seems like a good way to protect yourself against the fluctuations of the Euribor, since the installments will always remain stable. But, do banks have good mortgage loans in this modality?
According to the financial comparator HelpMyCash.com, although many entities have made products more expensive, there are still some that offer fixed interest rates of around 3% or slightly lower.
To prepare this ranking, the commercial offers of the entities have been taken into consideration, they affirm from HelpMyCash. The ones that they show on their web pages, advertisements and offices. However, there are banks that can grant more competitive fixed mortgages than those mentioned if the client has a good profile, especially if they have the help of a broker or mortgage intermediary.
According to the comparator analysts, some mortgage brokers are capable of obtaining fixed mortgages with rates of 2.80% or less and with hardly any linkage; conditions that the client can also obtain on his own if he takes the necessary time to negotiate. For this reason, it may be interesting to hire the services of an intermediary or, failing that, request financing from as many banks as possible and haggle with them to improve their initial offers.
