The Twelve-Month Euribor Reaches Highest Average Rate Since 2008, Adding Pressure to Mortgage Holders
The twelve-month Euribor, the most widely used indicator in Spain to calculate variable-rate home purchase loans, already exceeded 4% in average rate in June, which adds more pressure to mortgage holders who will see how the Your credit installments become more expensive again by more than 300 euros per month. According to interbank market data, … Read more