Decreasing the refinancing rate would make credit more affordable. But analysts' forecasts, which take into account inflation and other macroeconomic variables, suggest that rate is unlikely to decrease in 2006.

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We should bear in mind that not all borrowers can or want to take a 30 year long loan. The age of retirement means that such loans are only suitable to those under 30. Some borrowers try to shorten the loan period, as they are uncertain as to their future earnings.

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