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2011/08/04

Mortgage rates

When choosing the type of mortgage to buy a home, you should also take into account the way they receive income in ample time, for example:

* If you think your income will increase over time with improvements in work, it would be advisable to take a loan which make small payments at first and then enable them to grow.

* If you think the income will stay the same or could even decline, it is best to secure a loan with payments that go up over time and certainty in interest rates.

* Another important aspect is whether the condition of work are entitled to a credit of that grant or FOVISSSTE INFONAVIT workers contributing to the IMSS or ISSSTE.
Labor rights allow a credit of these institutions and in many cases are cheaper loans than any intermediary operating in the market.

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