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

Is the Energy Certificate mandatory...

More and more consumer inspections are being carried out to the real estate agencies to check if they have the Energy Certificate in the real estate that they commercialize and promote. Currently, the person in charge of housing that has this certificate is not only the owner, but also the agency that advertises said properties. What is a Certificate ......

The much-mentioned Cookies Policy

The so-called Cookies Policy has been established in the European Union and is mandatory. Practically in almost all web pages that we visit we can find the message of this policy, which can be accepted, rejected or blocked. But ... WHAT ARE COOCKIES? According to the official page on Cookies Policy (http://politicadecookies.com/), ......

The aid in reforms of houses would...

According to the Andimac study, the aid for housing reforms would revalue the rent and there would be a take-off in the construction sector oriented towards reforms. Previously, at Inmonews.es we talked about the new State Housing Rehabilitation Plan that was finally approved in March. Well, according to a study by Andimac, 1.6 ......

The real estate sector in franchise...

For the fourth consecutive year positive values ​​were obtained in billing, creation of banners and employment July 31, 2018 - The real estate sector is in constant growth since the crisis began to disappear. The incomes go up, the stock is low, and every time there are more brands that decide to franchise their business, ......