specialized mortgage bank DeltaCredit before the New Year holidays has announced a reduction in interest rates on all mortgage products. This special event, as the press-service bank, will last all winter.
DeltaCredit immediately reduces the rate for all mortgage programs for clients who go to the bank before February 28, 2007. On average, for each product at the reduced rate of 1-1,5%. For example, rates on lending program in the U.S. for 25 years decreased from 11.5% to 10.5% (with confirmation of income certificate from the employer on the form of 2-NDFL). For the same category of borrowers, the rate of the ruble program to all the credit period is 11% instead of 12.7%. A bet on the 7-year-old mortgage loan in the U.S. is now 9.5% per annum.
In deciding to cut interest rates on its mortgage lending program, the bank primarily guided by the needs of clients DeltaCredit and need to make mortgages more affordable as possible against the backdrop of ever-increasing property prices. "We hope that, in anticipation of New Year celebrations will be lowering rates in this nice gift for the customers of our Bank, - said director of marketing mortgage bank DeltaCredit Ol'ga Bazanova. - In view of the fact that the new terms of credit will continue to operate in 2007, so as this action will last all winter, they will be able to take advantage of the large number of borrowers to resolve their housing problems ".
Source: AllCredits.spb.ru