The Eurobor Exceeds 3% for the First Time in Two Years and a Rise in Mortgages of up to 1,600 Euros Is Progressing
7 Articles
7 Articles
The situation in the Middle East is not moving forward, energy prices are slowing down, inflation is moving away from the objective of the European Central Bank (ECB) and the next ones to notice this situation in their pocket will be households with a variable mortgage.The eurobor, the main indicator to review them, has exceeded 3% in daily rate for the first time this Friday for almost two years, since September 2024.In the absence of more than…
The benchmark in the real estate market stands at 3,003%, which has not been the case since September 2024.
High inflation in the eurozone over the impact of energy puts pressure on the ECB
The index to which most variable mortgages in Spain are referenced reaches the highest level in more than two years
IN 30 SECONDS What has happened? Twelve-month Eurobor has closed the August 21 session at 3.003%, its highest daily level since September 2024. Who is behind it? The ECB has not moved the official rates, but the markets count a rise of 25 basic points at the September meeting. What impact does it have? Variable mortgages are expensive: Kelisto calculates an increase of 76 euros per month and 911 euros per year. The Eurobor has exceeded this Frid…
The eurobor has reached 3% in its daily data this Friday, a level that it did not record since September 6, 2024, when it reached 3.025%. This increase anticipates a probable increase in interest rates by the European Central Bank (ECB) at its meeting on September 10.
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