“First Home” Mortgage Loans Might Become More Expensive Under New Legislation

08.01.2013 By Ciprian Botea

“First home” mortgage loans, which will be granted only in lei according to the latest changes to the state-guaranteed mortgage lending program, could go up by an average 8%, considering the new law allows banks to also charge loan application and administration fees in addition to the 2.5% interest margin, according to ZF calculations.

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Keywords:: first home; , mortgage loans

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