Borrow or not to take
Want to compare annuity lead and classic credit. Which one is more advantageous to the borrower?
In developed countries the most part, virtually 100% of real estate purchased on credit. We are also experiencing a rapid growth in mortgage lending. In most cases, this increase is not due to the purchase of new housing, and are usually due to the desire of people to improve their living conditions: moving to a more prestigious area, buy an apartment, a large area. In recent years, increased substantially the volume of lending for the purchase of land and country houses. Because often the following happens: we take no credit for the full amount of the price of new housing, but on balance that is needed after the sell back home.
Want to compare annuity lead and classic credit. Which one is more advantageous to the borrower?
In developed countries the most part, virtually 100% of real estate purchased on credit. We are also experiencing a rapid growth in mortgage lending. In most cases, this increase is not due to the purchase of new housing, and are usually due to the desire of people to improve their living conditions: moving to a more prestigious area, buy an apartment, a large area. In recent years, increased substantially the volume of lending for the purchase of land and country houses. Because often the following happens: we take no credit for the full amount of the price of new housing, but on balance that is needed after the sell back home.
