The SRS starts paying mortgage loan interest compensations

The SRS starts paying mortgage loan interest compensations

Payments are made in accordance with the lists submitted by credit institutions to SRS by April 10. Compensations will be paid gradually until April 30. For this year, mortgage borrowers will receive money in their account four times – in April, July, October and January. Representatives of the SRS explain that the process is automated … Read more

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

Deadly House Explosion Levels Pennsylvania Neighborhood

Deadly House Explosion Levels Pennsylvania Neighborhood

House explosion in Pennsylvania, USA. (Picture/return to Twitter, the same below) A house explosion occurred in western Pennsylvania recently, destroying several square houses nearby. At least 5 people were killed and 3 were injured. Authorities dispatched at least 18 fire departments to rescue. Neighbors said the neighborhood looked like a bombed war zone. According to … Read more

Top Property Interests and Bank Loan Challenges for Latvian Residents

Top Property Interests and Bank Loan Challenges for Latvian Residents

What we can afford is often very different from what we want to buy. Especially when it comes to real estate. The purchasing power of Latvian residents “on paper” is not the best, so sometimes, when driving past a village of more exclusive private houses, you just have to guess what the residents of these … Read more