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Mortgage renewal options from bank! Help needed!!
Hi,
we have just received our renewal options from the bank (BBVA) for our mortgage and were wondering if you could give us any help. We have two options and are not really sure which one would be the best one for us to take. Here are the options, please could anyone give us some advice on which one looks like the best value for us,
Option 1; Euribor a un ano + 1% con revisiones semestrales
Option 2; Conjunto de entidades + 1% manteniendolo fijo durante tres anos
We are not sure what option means and what this rate is. Any help on this would be great,
Thanks
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