Housing
Home loans: commission of up to 500 euros per 100,000 could end
The consumer association DECO PROteste is calling for the abolition of early repayment commissions charged when homeowners pay off their mortgage early or switch banks. Currently, these fees can reach up to 500 euros for every 100,000 euros of debt.
Why it matters
If you are considering switching your mortgage to a bank with better rates or paying off part of your loan, you currently face these extra costs; should this proposal be adopted, it could significantly lower the price of managing or moving your home loan.CNN PortugalRead original ↗
