The best mortgages today are fixed ones, and especially if you get the help of a good mortgage broker who can get you a competitive interest rate.
If not, mixed mortgages emerge as a most interesting option, which already replaces variable rate mortgages.
The fixed mortgage is now the favorite of experts if you want to pay in 25 or 30 years, as it protects you from possible rate increases in the future. It is also the favorite of the Spanish, who already choose it as their first option.
Nowadays, fixed mortgages close to 4% are being obtained, but Housfy claims to have processed much cheaper mortgages, at 2.85% NIR. Housfy Hipotecas is a company specialized in leading mortgage intermediation in Spain.
The mixed mortgage has almost completely replaced the variable mortgage, as it offers a much more interesting first fixed tranche than a fixed mortgage as such.
Of course, at the end of the fixed period a variable period will begin, referenced by the Euribor. Experts predict that by then market interest rates will have fallen and one will be able to switch to a fixed mortgage without much problem, but it is a risk that must be taken.
The variable mortgage is no longer interesting for most profiles. Only someone who is expecting great short-term liquidity and currently needs a very, very tight mortgage. And the variables almost always offer the first few months (or a year) at a much lower fixed rate, before starting to use the Euribor as a reference index.
Housfy Hipotecas has agreements with more than 20 banks, thanks to which it finds very competitive and special conditions. In addition, they negotiate with banks to offer you the best rate for your mortgage.
An expert will carry out a first indicative analysis of the viability of the operation, then will preselect the best offers from financial institutions and will present the options so that you can choose the best one for you.
You have doubts? Ask now.
