The Eurobor Is Already 3%: It Exceeds the Rates, It Is Close to Inflation and to Levels Not Seen Since 2024
2 Articles
2 Articles
The eurobor keeps its upward trend and closes May with an average of 2.804%. The main reference index for mortgages thus shows an increase of 0.057 percentage points compared to the month of April, when it closed at 2.747%. Although the increase is more moderate than that experienced in previous months, the indicator reaches levels that were not seen since September 2024, when it stood at 2.936%, thus consolidating the upward path begun in sprin…
The index has been at its highest level since September 2024 in the face of fears that energy pressure will reactivate inflation and paralyse the ECB’s falling rates.
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