The Mexican peso reached its best day in 17 days on Thursday. The Mexican currency found a boost in the weakness of the dollar, after the latest macroeconomic data in the United States indicate that the Federal Reserve (Fed) will begin to reduce the cost of credit next week. The Mexican peso registered a gain … Read more
Frankfurt. For the primary time since 2019, the European Central Financial institution (ECB) reduce its rates of interest this Thursday, though it elevated its inflation projections and warned that the approaching months might be “hectic” and with little visibility by way of worth will increase. The Frankfurt-based establishment decreased its deposit fee by 1 / … Read more
The Euribor, coinciding with the ECB’s financial coverage assembly, registers a brand new fall and is buying and selling to three.684 p.c. The decline is 6 thousandths with respect to its final worth. The June common is round 3.7 p.c. With right now’s knowledge there are already three consecutive drops within the indicator in day … Read more
Frankfurt, Germany. The European Central Bank (ECB) maintained interest rates for the euro zone this Thursday, but raised expectations of a rate cut at the June meeting, given the slowdown in inflation. The European issuer kept its monetary policy unchanged for the fifth consecutive time and left the reference interest rate at 4.0 percent, its … Read more
The market of mortgages in Italy it languishes because of interest rates. Buying a house in our country has become a pipe dream for families, who are increasingly demotivated by an extremely complex situation for brick and mortar. This is certified by a study by the Autonomous Federation of Italian Bankers (Fabi), which recorded a … Read more
Just one year ago, in November 2022, the Government of Pedro Sánchez announced the approval of a series of new developments in the Code of Good Practices of banking entities, which included the elimination of commissions for mortgage subrogations, in the event that these were made to change the interest rate from variable to fixed … Read more
The European Central Bank (ECB) calls for banks with complex counterparty credit risk exposures to “specify your willingness to accept this risk in your risk appetite statementinstead of implicitly capturing it in credit risk. The ECB published this Friday its final report on “Sound practices in governance and counterparty credit risk management.” The report now … Read more
The Euribor has returned to the same level it was in the month of July. In fact, at the end of September has marked the same information as two months ago: 4.149%. This means that the indicator has stepped on the accelerator again. This is due, in part, to the rate hike carried out by … Read more
He Euribor It continues to fail, to the chagrin of those people who have contracted a variable rate mortgage. Thus, it closed the month of September at 4.145% (in August it was 4.073%). In this way, the Euribor The 12-month rate has gone from 2.23% to 4.20% in the last twelve months, which represents an … Read more
Related news The nightmare of the acceleration in the cost of mortgages It is still far from coming to an end although, after the conclusion of the first half of 2023, the light is beginning to be seen at the end of the tunnel. The behavior of the euribor so far this month it allows … Read more