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Dear readers, if you have a mortgage loan in Spain, it is very possible that you are overpaying interest. Literally thousands of customers have been adversely affected by mortgage floor interest clauses and many are not even aware of it. As we have explained on several occasions, a mortgage floor rate or minimum interest clause, […]
Dear readers, we highly recommend you review the interests on the mortgage loan that you are currently paying, and compare it with the interest that you paid before. If you are not currently paying a lot less interest than before, you may be affected by the clause known as mortgage floor or minimum interest rate. […]
Dear Readers , As informed previously, recently there was a Court Order published from the High Court of Spain (Tribunal Supremo TS), in relation to mortgage floor rates, number 1916/2013. Mortgage Floor or Minimum Interest Clause, is a clause included in most mortgage loan agreements, setting a minimum rate of interest. These clauses limit any […]
