The profitability of fixed vs variable interest rates on Lithuanian housing loans over the last decade

The profitability of fixed vs variable interest rates on Lithuanian housing loans over the last decade

Loans with fixed interest rates are almost non-existent on the Lithuanian market, and the Bank of Lithuania (LB) wanted to change that – it prepared amendments to the laws, according to which banks would be obliged to provide two interest alternatives for housing loans. However, the offer of fixed interest rates might not always be … Read more

Delta Air Lines Revamps Credit Cards with New Benefits and Higher Fees

Delta Air Lines Revamps Credit Cards with New Benefits and Higher Fees

Delta Air Lines Revamps Credit Cards with New Benefits and Higher Fees Delta Air Lines Revamps Credit Cards with New Benefits and Higher Fees Delta Air Lines has recently announced a major revamp of its credit cards with the introduction of new benefits and features. However, along with the enhancements, the airline is also increasing … Read more

Real Estate Borrowing on the Rise: Average Loan Amount Nears 300,000 Euros

Real Estate Borrowing on the Rise: Average Loan Amount Nears 300,000 Euros

Real estate buyers and home builders are borrowing more money from the bank again: the average loan amount for financing home ownership has been approaching the 300,000 euro limit for a long time, reports the credit broker Dr. Small. At the same time, the monthly rates are falling – the recent fall in construction interest … Read more

The Risks of Credit Card Cash Advances: What You Need to Know to Avoid Negative Reports and High Interest Fees

The Risks of Credit Card Cash Advances: What You Need to Know to Avoid Negative Reports and High Interest Fees

Credit cards are one of the most popular financial products. They offer the possibility of obtaining loans in an agile manner, with sufficient capacity you can make purchases and pay obligations. (See: How to request and activate the virtual debit and credit cards offered by Bancolombia). Customers who purchase these cards must pay monthly fees … Read more

Kriens Bypass Entrance Portal: Federal Government Approval and Tax Increase Debate

Kriens Bypass Entrance Portal: Federal Government Approval and Tax Increase Debate

This is how the federal government imagines the entrance portal to the bypass in Kriens. (Image: Visualization: Astra) On Thursday evening, the Kriens residents’ council approved a loan for the partial roofing of the A2 motorway. There was still talk that the entire section would not be reconsidered. editorial staff Editorial team centralplus The motorway … Read more

European Central Bank (ECB) Interest Rate News: Loan Interest Rates at the Forefront, Interest Rate Cuts Unlikely

European Central Bank (ECB) Interest Rate News: Loan Interest Rates at the Forefront, Interest Rate Cuts Unlikely

The European Central Bank (ECB) is unlikely to cut its key interest rate this week. However, there are signs of a trend reversal in loan interest rates. Getty Images The European Central Bank (ECB) will decide on key interest rates for the first time in the new year this Thursday. ECB boss Christine Lagarde has … Read more

Private Banks of Ecuador Predict Slowing Credit for 2024: Annual Growth of 9.2% but Decrease in Delivery of Credit

Private Banks of Ecuador Predict Slowing Credit for 2024: Annual Growth of 9.2% but Decrease in Delivery of Credit

Credit will continue to slow in 2024. That is the projection made by the Association of Private Banks of Ecuador (Asobanca) for the year that has just begun and after a balance of 2023. (We invite you to also read: “2024 arrives with an Ecuador on the path of over-indebtedness”) Moody’s predicts more credit for … Read more

National Agricultural Credit Commission Authorizes New Line of Loans for Productive Transformation in the Countryside

National Agricultural Credit Commission Authorizes New Line of Loans for Productive Transformation in the Countryside

Offering easy access credit at low rates is one of the main strategies to strengthen agricultural profitability and productivity. Hence, it is positive that for this year the National Agricultural Credit Commission authorized the creation of a line of loans whose first objective is the productive transformation of the countryside. Likewise, according to the ministry … Read more

Four Homeowners Share Their Stories: Interest Rates, Foreclosures, and Negotiations

Four Homeowners Share Their Stories: Interest Rates, Foreclosures, and Negotiations

Anyone who wanted to buy a house or apartment last year had a difficult time. Prospective homebuyers can learn a lot from those who became homeowners anyway. Here four of them tell their stories – about interest rates, foreclosures, negotiations and compromises. Martin Eder, 48, bought a 120 square meter terraced house in Bonn-Endenich for … Read more

Advantages of Leasing versus Buying a New Vehicle: What You Need to Know

Advantages of Leasing versus Buying a New Vehicle: What You Need to Know

Hey people I’m thinking about getting a leasing vehicle that’s not too expensive for the next 24 months. Private Built in 2022, the cost would be around €6,500. What would be totally understandable for me personally would be the loss of value after 24 months. With plus 20,000km on it. It would be the same … Read more