The European Central Bank has announced that the interest rates have stopped growing after a year in which only high values were recorded. This will cause the Euribor to end up falling in the long run, but for the moment, very high interest rates are estimated. Currently, it marks 4.18%, when a year ago it … Read more
December ends, time for balance sheets, and among the statistics that most concern mortgaged is to know how much the euriborthe reference index for calculating most of the mortgages in Spain, and how it will affect your fees. Well the good news is that the euribor ended the year with a value of 3,679 %so … Read more
The Euribor has registered a spectacular rise in just under two years. In April 2022, the index to which most mortgages are referenced was positive for the first time since 2016. This situation caused the Spanish mortgage market to completely transform and begin to leave behind the era of “cheap mortgages”. The price of mortgages … Read more
The twelve-month Euribor, the indicator most used in the State to calculate the installments of variable mortgages, is on track to close November with an average rate of around 4.028%, which will mark its second drop of the year. Despite this foreseeable decrease in the Euribor in November, the installments of variable mortgages that have … Read more
Although this Thursday the European Central Bank (BCE) has decided to keep the price of money unchanged, interest rates have not stopped rising since July 2022. And it has done so at an unprecedented rate since its creation in 1999: 4.5 percentage points. With these figures, the ECB has decided to leave the main rate … Read more
The mortgage has been one of the great nightmares of the Spanish in the last times. And although in the last three months the Euribor has moderated its rise considerably, the reality is that in the new mortgage reviews that are taking place, The fees continue to rise. Less than a month ago, the European … 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
/nginx/o/2023/11/07/15705555t1hc34b.jpg "European Commission’s Influence on Airlines’ Pricing and High Air Transport Tariffs Concerns")
Of course, the European Commission should not dictate to the airlines the price policy and how to raise air transport tariffs. The free market allows carriers to control their own prices and open and close routes. In Brussels, however, the biggest concern is that the high tariffs may affect the outer regions of the European … Read more
He euribor registered the smallest increase in more than a year in October, standing at around 4.16%, but Variable interest mortgage payments will continue to rise, although with less intensity than in previous months. In this way, the main reference for loans with variable interest intended to purchase housing chains two consecutive months of increases. … Read more
He mortgage benchmark of Spain is at the level of 15 years agobefore the outbreak of the financial crisis. As a consequence, the loans mortgage at variable rate are registering a significant increase. In this situation, there are different aids to alleviate the effects of a runaway euribor. Government aid: Code of Good Practices for … Read more