Monday, November 6, 2006

Nipples From Flavor Of Love

Banks tighten mortgage criteria

harden criteria for approval of mortgages. Is contradictory to see how the banks have engaged in a fierce competition to see who offers the lowest interest, while the criteria for granting the loan is getting tougher.

What is the reason for this hardening? It seems be that is a sign that a slump is
for banks to get customers and that these are good customers. You need only see the war of competition for lower interest rates to attract customers, remember to Ing Direct took out his mortgage Euribor + 0.33% and Uno-e recently sold your mortgage to Euribor + 0, 29%

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