After closing 2017 with a new historical low, the Euribor will continue negative this year after more than 20 consecutive months with this trend. Moreover, according to a survey conducted by Bloomberg on the evolution of the Euribor, among investment banks, it is not foreseen that it will enter positive until, at least, 2019 (in which ...

Euribor will continue negative in 2018

After closing 2017 with a new historical low, the Euribor will continue negative this year after more than 20 consecutive months with this trend.

Moreover, according to a survey conducted by Bloomberg on the evolution of the Euribor, among investment banks, it is not foreseen that it enters positive until, at least, 2019 (in which they estimate that it will be at 0% in the fourth quarter).

This downward behavior is due to monetary policies carried out by central banks in order to revive the economy, but the question that arises now is how long will this context be maintained. In principle the forecast is that the Euribor will continue with negative values ​​during this year .

According to the ECB (European Central Bank), it will not be until 2020 when inflation approaches the 2%, the objective of all central banks, and expects that 1.7% will be reached by then.

The AHE (Spanish Mortgage Association) believes that " According to the behavior of inflation and of the economy in the Eurozone, it is to be expected that the monetary policy promoted by the ECB will reverse the downward trend in rates in the near future and with that start a smooth escalation ".

Regarding mortgages, banks in Spain have reduced the rates on mortgages at a fixed rate in order to sell more this type of loan and those who are paying a variable rate mortgage, have the peace of mind that no abrupt changes are expected in the short term.

However, the evolution of the Euribor also affected a to the profitability of bank deposits. Currently, performance remains stuck at historical lows.

RELATED NEWS

The Euribor closes 2017 with a new historical minimum

It often happens that in our business we usually call clients -with absolute self-confidence- who, really, is not. How! ... That we do not know how to call our "clients? That's. Let's see it Meaning of client. If we consult the dictionaries of common use, we will find that per client is understood, in its main meaning, as the person who ......

Real estate course of the collection of real estate. This course will be taught by Mr. MIGUEL VILLAROYA MARTÍN, technical architect, agent of real estate property, writer and trainer of real estate issues and author of the Certificate of Professionalism of Qualification Commercial Property Management, among others. The content of the course will be theoretical and practical and will be oriented to...

In such a competitive sector, as it is the one that concerns us, it is essential to be aware of some techniques or ideas to apply to the real estate marketing itself. This will help us achieve our goals and be at the height of such competition. But first let's caution that you have to be careful not to confuse the ......

According to consultancy Knight Frank, Spain is currently the second European country where investors are more interested in investing in the real estate sector with almost 20% of the total. Germany is the country that comes first, with 28.5%, followed by Spain (19.9%), the United Kingdom (11.9%), the Netherlands (9.9%), France (9.3%). %), the …...