The Treasury refuses to limit the interest on mortgages and is suspicious of a rescue fund due to a possible "call effect"

MADRID, 14 Sep. (EUROPA PRESS) -

The Ministry of Finance rejects establishing a limit on the interest rate on mortgages, as proposed by United We Can, and is suspicious of the idea of ​​a rescue fund that ERC has proposed, warning of a possible "pull effect" in the form of defaults by the consumers.

Sources from the department headed by María Jesús Montero have assured this Wednesday that the Government is studying different measures to alleviate the financial burden that citizens must assume as a result of the rise in interest rates, but that they do not share the proposal to establish a ceiling.

"If they talk about capping mortgage prices, no," say these sources, who regret that these proposals are launched due to the "expectations" that can be generated among citizens and the possible disappointment if these measures are not carried out.

In the case of the United We Can approach, the Treasury assures that they received the proposal simultaneously with the media and even describe it as "media".

Regarding the ERC proposal to promote a rescue fund, they warn that a measure of these characteristics can "cause the non-payment of the mortgage", with a "pull effect". "Don't worry about the mortgage, someone else pays it. This isn't serious," they criticize.

In statements to the media this Wednesday in Congress, the Minister of Finance and Public Function, María Jesús Montero, recalled that in mortgage matters there is "a regulated framework of mandatory compliance" and that "this framework must always be respected" .

In any case, he pointed out that the government has already approved measures "to alleviate everyone's burden" and has underlined the need for "all measures to go in the direction of lowering inflation." "Measures that can only help are not valid, they have to be compatible with lowering inflation," he claimed.

Asked about the rescue fund proposal, Montero pointed out that "one thing is the headlines, which is political will" and there they can "share the measures" and "another thing is how the proposal is technically specified", of which they have no details. "Until I know the proposal, I think it creates confusion that we can define ourselves on something that is not written," she said.