Let the banks lowering their mortgage rates, now that the European Central Bank (ECB) interest rate has also scaled down. A majority of the Lower House wants Finance Minister Wouter Bos of the banks to issue calls, now that the variable mortgage rates not go down, while they previously had equal with the European left interest rates rise.
The ECB has interest in a short time with a full percentage decreased. Officially juggles the bank, responsible for the conduct of monetary policy in the euro area, with only the interest rate to curb inflation. Stimulating the economy with the 'interest rate weapon' was more an American thing. Now there lies an economic motive behind the interest rate cut. The central bankers want a deep recession prevent or alleviate.
"The rate cuts are intended to stimulate the economy and not the pockets of the banks' coffers," had Consumentenbond know Monday. "The banks have the advantage of interest rate cuts to consumers." The association accuses the abuse of the banking institutions cheaper funding.
From CDA to SP sounds the call for action. The PvdA calls on banks to start lending to the margins and not to get too screws. The VVD advocated restraint in the demand for cheap credit.
The banks left their storage on the average European rate by almost 2 percent increase, calculated the Consumer Association. Postbank recently reduced the variable mortgage rates by more than 1 percent, "and this indicates that there is much room in the margins that banks apply to the mortgage."
A good story of the Consumers' Association, says Jasper Maes, director of mediation chain The Mortgage Advisor. "Without external pressure that bank interest rates do not go down."
The banks are abuse of the situation, find Maes. "What's now easier than addressing more margin as interest rates fall? They also know the customer can with the current housing market difficult road. Who gets his house now quickly lost if he wants his loan off? "
The banks now into perspective the importance of European interest. The cost of attracting money have risen sharply, according to them. Will money borrowed in the European context, it must be paid a cash storage, which would be significantly increased. The margins would have proved equal, despite a lower central rate.
The ECB has interest in a short time with a full percentage decreased. Officially juggles the bank, responsible for the conduct of monetary policy in the euro area, with only the interest rate to curb inflation. Stimulating the economy with the 'interest rate weapon' was more an American thing. Now there lies an economic motive behind the interest rate cut. The central bankers want a deep recession prevent or alleviate.
"The rate cuts are intended to stimulate the economy and not the pockets of the banks' coffers," had Consumentenbond know Monday. "The banks have the advantage of interest rate cuts to consumers." The association accuses the abuse of the banking institutions cheaper funding.
From CDA to SP sounds the call for action. The PvdA calls on banks to start lending to the margins and not to get too screws. The VVD advocated restraint in the demand for cheap credit.
The banks left their storage on the average European rate by almost 2 percent increase, calculated the Consumer Association. Postbank recently reduced the variable mortgage rates by more than 1 percent, "and this indicates that there is much room in the margins that banks apply to the mortgage."
A good story of the Consumers' Association, says Jasper Maes, director of mediation chain The Mortgage Advisor. "Without external pressure that bank interest rates do not go down."
The banks are abuse of the situation, find Maes. "What's now easier than addressing more margin as interest rates fall? They also know the customer can with the current housing market difficult road. Who gets his house now quickly lost if he wants his loan off? "
The banks now into perspective the importance of European interest. The cost of attracting money have risen sharply, according to them. Will money borrowed in the European context, it must be paid a cash storage, which would be significantly increased. The margins would have proved equal, despite a lower central rate.
No comments:
Post a Comment