Discounted mortgages are gaining popularity in the mortgage market. Their main advantage is lower interest payments and, therefore, a slightly lower monthly payment, but the truth is that they’re not always the best option. Learn exactly how a discounted mortgage works and how to assess whether or not it’s right for you. Applying for a…
Joint accounts are very common in Spain. They’re used by couples, families, businesses, and even roommates to easily manage their daily finances and, while doing so, try to save a little. However, like any financial product, it’s a good idea to understand how it works to avoid any problems. Let’s delve into all the advantages…
More than 75% of Spaniards acknowledge that they need to improve their financial literacy. This data corroborates the theory of the PISA report, which places Spain below the average of European countries in terms of the population’s financial knowledge. Do you feel lost when people use banking terms ? Don’t worry, it’s perfectly normal. The…
The easing of interest rates is encouraging news for the real estate market, as mortgage terms offered by banks are being reduced. If you’re about to apply for one, do you know which mortgage term is best for you? The question of what mortgage term to apply for is as common as the question of whether to…
