The Euribor gives a break to mortgage holders: it falls by 4% for the first time in six months | Economy

by time news

2023-12-28 20:59:27
The Euribor started the year at 3.3% and reached its maximum in October, at 4.16%. / Pixabay

Los variable mortgage owners they will have a respite in the next dates Thanks to the drop in the Euribor. The indicator that is used as reference to calculate the interest of this mortgage loan register the biggest monthly decline in the last 15 years and is located below 4% in the absence of the last data of the month. This drop occurs after the decision of the European Central Bank to maintain its official interest rates – around 4.5% – for lending money to other banking entities.

Los consumers who will notice the drop in the Euribor the most They are the ones who have the semi-annual review of your mortgage in December. Meanwhile, mortgage holders with an annual review will still have to wait a few months to experience this change in their pockets.

The Euribor It started the year at 3.3% and has been rising gradually. Its maximum was recorded in October, when it reached 4.16%. Now, this upward trend is broken and will probably close the year at 3.6%.

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