Sunday, August 2, 2015

The new amortization requirements will take longer than expected – Business Week

“Before the summer,” it was said in June that the draft of the new repayment requirements would be presented. Now, the financial minister to wait will be much longer.

The new amortization requirements for mortgages will probably not take effect until the summer of 2016. It says Finance Minister Per Bolund to news agency TT, according to DI’s nätutgåva.

Since the FSA last spring was forced to withdraw its new amortization requirements for legal reasons, the government and the opposition negotiated a new proposal, but negotiations have dragged on.

READ ALSO: “The proposed mortgage requirements can not withstand a housing bubble”

“There have been questions from the opposition about targeting amortization requirements against the bank as a whole instead for the individual borrowers. We want to review the option, “says Per Bolund.

In June, he believed that the government would be able to present a proposal” before the summer “this year. Now he has been forced to postpone the date.

“We hope that a bill can hammer in the spring,” he said.

READ MORE: The banks with the highest and the lowest average interest rate on housing loans

LikeTweet

No comments:

Post a Comment