The Eurobor Will Close September in 3.22% and the Mortgages Will Be Expensive on Average 828 Euros per Year
8 Articles
8 Articles
The interbank index throws 'more wood on the fire' with the CPI in 4.9% and after the two 'Decrees Maricarmen'. The prospects are that it will stay above 3% for a while. More information: Madrid increases the risk of suffering a real estate bubble after the price of housing in the capital skyrockets by 9%
Today's Eurobor: this is the index on which it stands
Europeans have experienced a sharp rise in September because of the war in the Middle East
The ECB this month raised interest rates for the second time in the year and the expectation that there may be new rises to cool inflation put even more pressure on the indicator
The Euribor Will Close September with an Approximate Rebound of 3.2%, the Highest Level in Two Years
The twelve-month Euribor, the most used indicator for calculating variable mortgages in Spain, will close September on the rise, for the third consecutive month, reaching an average rate of around 3.2%, a fact that represents its highest level in two years, since July 2024.
The mortgage index chains three months of increases, more than one point exceeds the level of September 2025 and returns to peaks of more than two years after the ECB’s second rate rise.
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