Decoding the Challenge: Convincing a Banker for a Mortgage Loan Amidst Rising Costs and Rates

2023-10-01 05:30:00

Convincing a banker to grant a mortgage loan is becoming more and more difficult. The monthly payments to be repaid for an average property loan over twenty years have increased by 40% in two years. The total interest payable to banks has also exploded. Rates have increased. Charges and real estate prices too. More and more people are having to give up their dream of buying their own home. We talk regarding it with Amandine Cloot, our banking sector specialist.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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