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

34fifty.com
What is it for the agency, a real e...

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 ......

How to use the secret client resour...

How to use the resource: the secret client. In this postcard we will explain an artisan way of doing it and then we will direct you to specialized companies that will do it with greater efficiency. These are the two paths that we talked about in the previous postcard. 5.1 Again at the beginning: Have you detected ...? That his ......

Does the order at home influence th...

It seems that if! There are several methods to achieve happiness through order at home and it is also a way of contributing to mental order, there being a close relationship between the order of our mind and order in the home. Let's look at some of those methods: Contents1 1 Konmari2 Method 2 Dan-sha-ri3 Method ......

Social networks for real estate: Fa...

Facebook is the social network where most people and companies are. Its management will require an effort, since to keep it active, we must share useful, diverse and quality content. Facebook is the most widespread social network, with more than one billion users. We all know the "like" or the "share", ......