What should people with bank loans expect?
The commercial ones banks in our country, albeit gradually, they began to increase interestthem on creditsThey. So far only for legality peoplebut according to analysts, by the end of the year and for the people who have loans. We should expect significantly increase On interestthem on creditsthem and what are the advice of the experts familiesso with loans?
Dorina Dinova’s family from ploy took out a mortgage a few years ago. His children work 12 hours a day to pay him back. They also need to save. Dorina is an economist and she understands the need to grow interestthem, but thinks it should be reasonable.
“I knew it would happen. Live with the thought and the idea that it won’t be so much that you will be able to cover it. I hope they are reasonable and I hope they really consider the chances of the borrowers, the recipients, because otherwise at some point the things are not going well “Dorina Dinova said, transmits BNT.
Since October, the BNB has raised the main interest rate by 0.5 percentage points. According to experts, this will not be the last increase. Currently two banks have made corrections interestthem, for now only for legality people. One – with 0.11 points in the interest rate credits for new customers. The other rose interestthe mall creditsincluding the new release.
“The main reason interestthem on creditsto increase them is the policy of the European Central Bank, relating to the increase of the main interest rate “said Desislava Nikolova, a financial analyst.
The latest inflation figures in the Eurozone indicate that it is hovering around 10%. The European Central Bank is determined to make all necessary adjustments to the key rate, which means successive increases.
And according to banker Levon Hampartzumyan interestthem on creditsthey will continue to grow in our country, but not sharply. The question is whether it will be tolerable for people.
“If someone hasn’t taken out a loan to the extent of their ability, it will be tolerable. Of course, everyone calculates in such a way that the service of a loan does not burden them too much. So if someone is confident in their future income and tends to grow, they can do the math and not be worried about the rate hike. “
Hampartzumyan has urged families who want to buy a house with a mortgage to postpone it or wait. If it is very urgent, however, take action.
“Of course, they have to understand things. Maybe it won’t be in the most prestigious neighborhood, maybe it won’t be as big as I would like, just what they can afford today. “Levon Hampartzumyan said.
In general, the banker expects the raise of interestthem, as well as the fear of war and recession to cool the housing market.
