The ECB will say goodbye to the summer with a new rate hike

2023-07-20 15:07:04

A week after that in the European Central Bank a new meeting is held, financial markets and banks already have a new rise in interest. This measure will put pressure on the Euribor of the rising mortgages and those that have a variable rate. To avoid its effects, thousands of families are opting for the early repayment of loans.

The Euribor has become a headache for thousands of mortgaged variable rate in Spainmore than three and a half million families.

You can opt for two formulas, use the savings to reduce the monthly letter, lowering the amount paid each month, or the term of the loan, the years that the entire mortgage lasts

For any change or amortization this year is free for the customerthe bank cannot charge you anything because the code of good practices is in force Until december 31.