
Bausparen is considered a contractual savings scheme and, in few words, links a savings phase to the right to receive a mortgage loan. Although Bauspar savers receive less interest on their deposits than do others, they are charged less for their loans in exchange. Further, interest rates are fixed for the whole contract term. This is what makes Bauspar loans very attractive.
A Bauspar contract concretely may be divided into 4 phases:

The Joint Congress of UNECE and EFBS on "Housing Finance beyond Subprime" took place in Munich from 17 to 19 May 2010.
Press release: Study: "European regulation of mortgage credit is not the right approach to facilitating cross-border offers" (PDF)
Press release: "No force on the SEPA implementation" (PDF)
Press release: "Taxpayer's money for subprime system?" (PDF)
|
©2008 - All rights reserved |