In times of crisis, all solutions look good if they promise a reduction in mortgage cuotamensual. Many mortgage-burdened by their high proportion, is now interested in the multicurrency mortgage , a product which, though it has its advantages, is not risk free. The idea is to build multi-mortgage interest rates lower than other currencies, which offers stability, apparently, more guarantees, with different benchmarks to Euribor, as LIBOR, for example. The immediate consequence is a lowering of the loans and a lower monthly rate.
Each coin has its moment, and choose a more stable currency like the Swiss franc benefit us long term, because Although its initial focus is more, assume less risks.In the event that we have chosen currency value change we can find the pleasant surprise that the monthly fee is reduced significantly. But it can also happen: that our debt has increased. Therefore, experts agree that signing a multicurrency mortgage is not a solution suitable for families living in an come nóminay just to make ends meet. Before deciding on one of these loans must be sure you understand its operation.
Given the current financial situation, risk esmayor, and would require a constant monitoring of the stock market fluctuation and to take adequate performance to mortgage.