We are fifteen days into January and I think we can get an idea about the approximate closing of the Euribor for this month, first let’s see the ten listed values as well as the trend shown.
- January 3: -0.499%
- January 4: -0.498%
- January 5: -0.500%
- January 6: -0.496%
- January 7: -0.493%
- January 10: -0.489%
- January 11: -0.490%
- January 12: -0.475%
- January 13: -0.483%
- January 14: -0.483%
As you can see so far in January, the Euribor has accumulated a rise of 16 thousandths, an upward trend that seems to have calmed down in recent days. The month began indecisive, although it reached -0.5% on Twelfth Night and then took a slightly upward trend that led it to rise no less than fifteen thousandths on January 12, which it corrected by eight on the thirteenth to calm down a bit. .
There are still eleven securities left to be listed, but assuming that they do not stray too far from the current one (-0.483%), the average for January could close at around -0.486%, this will mean a small rise in the mortgage both for those who review it annually (which they currently have -0.505%) as well as semi-annually (-0.491%). It is really an anecdotal increase since it will mean paying a few cents more each month, however it represents a change in trend after several years paying less in each review
Regarding the forecasts for 2022, the consensus of analysts is that the Euribor will rise slightly this year and we will not see it positive until at least 2024. However, the ECB has already realized that inflation will not be transitory which could force them to raise rates earlier than expected. The next meeting of the ECB-
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