High interest rates could begin to fall in early summer

High interest rates could begin to fall in early summer

“The beginning of the summer, I think, is when that will start to happen,” Kazak said, while stressing that rate cuts would be done cautiously, gradually, as the economy responds, and that rates should not be expected to return to zero. He also noted that, according to financial market forecasts, a rate cut is expected … Read more

Understanding the Impact of the Euribor Increase on Variable Mortgages in Spain

Understanding the Impact of the Euribor Increase on Variable Mortgages in Spain

The Euribor, the reference index of most variable mortgages sold in Spain, continues to give headaches to many families. This Wednesday it increases 19 thousandths compared to the percentage it reached this Tuesday. The index continues to moderate from its highs reached in October when it closed at 4.16%. In November it fell 4,022% and … Read more

Rising Trend of Banks Accelerating the Theft of Mortgages Due to Declining Demand and Rising Interest Rates

Rising Trend of Banks Accelerating the Theft of Mortgages Due to Declining Demand and Rising Interest Rates

Banks are accelerating the theft of mortgages due to the declining demand for new loans due to rising interest rates. Since the middle of last year, entities have been immersed in a war to snatch these credits in order to gain clients and increase their business. The trend of these operations is on the rise … Read more

Spanish Euribor Mortgage Rates Drop Below 4% – Savings for Homebuyers and Potential Buyers

Spanish Euribor Mortgage Rates Drop Below 4% – Savings for Homebuyers and Potential Buyers

I breathe for those who have taken out a mortgage and for those other people who plan to do so in the future. And all because, after a year and a half of rate increases, the Euribor has changed its trend. Thus, the index that is used every month as a reference for the calculation … Read more

Top Variable Mortgages in January: Euribor Impact, Predictions, and Best Options for Mortgage Holders

Top Variable Mortgages in January: Euribor Impact, Predictions, and Best Options for Mortgage Holders

He euribor Today, mortgage holders who are waiting to renew soon are worried. If its monthly downward trend continues -in the daily drops to 3.57%– would give a break saving to those who already have a mortgage credit because it would lower their monthly payment and would stir up the hornet’s nest of granting variable … Read more

European Central Bank Announces Stagnation of Interest Rates After Year of Record Highs

European Central Bank Announces Stagnation of Interest Rates After Year of Record Highs

The European Central Bank has announced that the interest rates have stopped growing after a year in which only high values ​​were recorded. This will cause the Euribor to end up falling in the long run, but for the moment, very high interest rates are estimated. Currently, it marks 4.18%, when a year ago it … Read more

The Ris of Euribor and Fixed Mortgages in Spain: The New Rising Trend

The Ris of Euribor and Fixed Mortgages in Spain: The New Rising Trend

The Euribor has registered a spectacular rise in just under two years. In April 2022, the index to which most mortgages are referenced was positive for the first time since 2016. This situation caused the Spanish mortgage market to completely transform and begin to leave behind the era of “cheap mortgages”. The price of mortgages … Read more

The Euribor drops but how does it affect mortgages?

The Euribor drops but how does it affect mortgages?

The recent decrease in the Euribor, a crucial indicator for variable mortgages in Spain, has caught the attention of many citizens. Despite being the most significant drop in the Euribor in a single month since August 2012, its effect on mortgages remains a topic of discussion. In this month of November, The Euribor has reached … Read more

The moderation of the Euribor will not prevent mortgages pending review from rising again

The moderation of the Euribor will not prevent mortgages pending review from rising again

The twelve-month Euribor, the indicator most used in the State to calculate the installments of variable mortgages, is on track to close November with an average rate of around 4.028%, which will mark its second drop of the year. Despite this foreseeable decrease in the Euribor in November, the installments of variable mortgages that have … Read more