Euribor Articles
A good time to buy
Euribor (12 months), the interest rate normally used to calculate mortgage payments in Spain, fell 0.8% in January compared to the previous month. – Euribor now stands at 1.232%, the second lowest level on record. – Euribor rose a fraction in December, suggesting that, after 14 consecutive months of falls, a change of trend might […]
Euribor reaching record high
With August just gone, Euribor has risen to a spectacular 4.8%. This increase of more than two tenths of a point is due to the mortgage crisis in the USA.
Euribor – What is it?
Here we explain what the Euribor is, how it is calculated and what it means for you.
Euribor goes up yet again, closes at 4.253%
At the end of April and pending official confirmation from the Bank of Spain, Euribor, the main base rate used for the calculation of mortgage repayments, has reached a new high of 4.253%.
Euribor reaches 4.1% but with signs of slowing down
Now that we’ve reached the end of February, we can start to calculate the average of the main mortgage reference index, the Euribor, which is taken to fix the increase of our monthly mortgage repayments.