Banks forced to lower the installment of the house – Economy

The Government approved this Thursday, in the Council of Ministers, a diploma that will ease the payment of house payments for indebted families. Banks will be obliged to renegotiate variable rate loans, up to 300 thousand euros, without increasing ‘spreads’ (profit margins) whenever families have to commit more than one third (36%) of their net monthly income to pay the house (see infographic).