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During last January, 25 with banks operating in Colombia recognized an average rate of 17% in the CDT Term Certificates of Deposit at a one-year term, a figure that triples what he paid a year ago.(You can also read: Which banks offer the most profitable CDT) This figure corresponds to the data that these entities report to the Financial Supervision in terms of recognition for the resources that their clients, people or companies bring them.This rate is high, therefore, with the monetary normalization process that the Banco de la República launched since September 2021 -increasing interest rates, and which has…

Anif's economic studies center analyzed the possible consequences of the changes surrounding the country's main housing subsidy program Mi Casa Ya. In particular, he expressed concern for the budget for the program, the modifications presented in the National Development Plan and comments to program parametric modifications that "doubt its effectiveness and its future in the short term".Read: Ministry of Housing give 100,000 subsidies per year from Change My House Budget, returns to 2018 policyAbout the budget, Anif hoped that hehe resources allocated to Mi Casa Ya are insufficient and also returns the housing policy to 2018."The program has proven to…

The credit card is an instrument that has served millions of people around the world to pay amounts or buy products and pay them later. Being creditable" It depends on the quota that your bank offers you when reviewing your financial history. and the earnings that you hold monthly to take charge of the responsibility.(Keep reading: Pay in installments: advantages, factors to consider and when it is recommended to do it). This is mainly used to carry out online transactions through the so-called electronic commerce or in physical locations. “One of the main advantages is that they can be used…

If you're thinking of sell or buy a home It is necessary to know that there are a series of obligations that arise from these transactions and that must be taken into account before making a final payment decision.Among these obligations are notary and deed expenses, which applies both when buying and selling a property. Knowing how to calculate them is key to being prepared and knowing if you have the money available to make the payment.(Also read: Government announces the changes that Mi Casa Ya will have: everything you need to know) As explained by the Colombian startup Habi,…