He Euribor does not give up and strikes again at the Islands floating rate mortgages. Pau A. Monserrat, member of the CES, professor at the UIB and economist at FuturFinances.com, informs that the aforementioned 12-month indicator has closed the month of July at 4.149%. This represents “a slight increase compared to 4.007% last month.” Undoubtedly, … Read more
After an unstoppable climb for almost a year, the Euribor will foreseeably end the month of July at 4.15%. Despite the large rise, it means that the rate of rises that it has been registering in recent months will continue to slow down, given the possibility that the European Central Bank (ECB) will halt the … Read more
In the same way that the progressive rise in interest rates that has been experienced over the last few months has meant that the constitution of new mortgages in Extremadura has been tending downward, this same circumstance is also causing the cancellation of mortgage loans is registering just the reverse trend. In this way, the … Read more
The 12-month Euribor continues to put pressure on those who have taken out a variable mortgage. The index has closed June above 4%, specifically at 4.007%, after 18 consecutive increments. The main mortgage index in Spain thus stands at its highest since November 2008, which will make variable mortgage payments more expensive in more than … Read more
The twelve-month Euribor, the most used indicator in Spain to calculate mortgages, closed the month of May with an average rate of 3.862%, a new maximum since 2008 and, although it has slowed down its rise compared to previous months, it is becoming more expensive again the installments of these credits. In the month of … Read more
Saturday, April 1, 2023, 00:32 Despite the financial storm unleashed after the intervention of Silicon Valley Bank, the Euribor closes March on the rise. If we had to calculate that average today, the closing would be at 3.672%, compared to 3.534% in February and certainly very far from -0.237% a year ago. In other words, … Read more
35% of the mortgages in force in our country underwent changes during the year 2022, eight points above the data registered in 2021 (27%). Only in Ireland (44%) and Slovenia (42%) were more novations or subrogationsaccording to data published by the European Central Bank (ECB) and the European Mortgage Federation (EMF), and collected by the … Read more
Offers for the sale of new apartments that cannot find a buyer saturate the Vilagarca market MNICA IRAGO The Galician market reduced its increase by 8.7% in 2022, while in Spain as a whole it reached the highest figure in 13 years 23 feb 2023 . Updated at 10:48 a.m. The number of mortgages on … Read more
Never before has there been such a large increase in just one year. The euribor It was in December 2021 at -0.5% and now in the same month of 2022 it has closed just above 3%. This means an increase in the interest rate of mortgages referring to this index of 3.5 percentage points. How … Read more