He European Central Bank (ECB) This Thursday, it maintained interest rates at 4.5%, its highest level since 2001, brought forward the return of inflation in the eurozone to 2% to 2025 and pointed to June as the possible date to begin relaxing its monetary policy. since much more data will be available.
Those who have variable interest rate mortgages will have to wait until the end of the year for their payments to go down. The prudence of the ECB will mean that the relief for the mortgaged will be delayed at least until after the summer.
The ECB cools the outlook again by keeping rates at 4.5%
On average, a borrower with 100,000 euros Euribor + 1% has paid an annual extra cost of 2,400 euros in the last year, almost 300 euros per month. As a consequence, the granting of mortgages has fallen by 20%. The ECB also lowered its average inflation forecast for the eurozone to 2.3% in 2024 and 2% in 2025, while it has maintained it at 1.9%. by 2026, which would allow the organization to achieve its price stability goal next year.
2024-03-08 14:11:38
#Mortgages #year
