As we have already mentioned in previous news, the year 2016 stood out as the period in which the 12-month Euribor entered negative territory, which is why fixed-rate mortgages began to take center stage. This negative trend continued and we saw how in 2017 the Euribor reached minimums ...

The Euribor closes 2017 with a new historical minimum

As we have already commented in previous news, the year 2016 stood out as the period in which the 12-month Euribor entered negative territory , so fixed-rate mortgages began to take center stage.

This negative trend continued and we saw how in 2017 the Euribor reached historical lows . In September it reached -0.168%, and in October it dropped to -0.18%, marking a journey of more than 20 consecutive months with a negative figure.

Well, as expected, > the Euribor closed 2017 with another historical low , arriving in the month of December at -0.19%. This figure means that mortgages of 120,000 euros to 20 years with a differential of Euribor to + 1% that are revised, will have a reduction of about 70 euros in their annual fee, ie almost 9 euros per month.

The experts do not expect major changes in this downward trend for 2018 and everything points to the fact that the biggest beneficiaries in this economic context will continue to be the borrowers.

RELATED NEWS

The Euribor closes September with its historical low

October, another month that the Euribor closes with historical minimum

2016: Euribor negative and success of fixed-rate mortgages

The Euribor will continue in negat ivo

47% of Spaniards decide to look for...

17.4% of Spaniards seek, rent or buy a new home to become independent of the family home. Almost half of searches for a home occur in parallel with family changes: with the birth of new children, after death, divorce or the independence of the youngest. Madrid, July 30 ......

Despite the crisis in Catalonia, Sp...

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 …...

Top Mobile Apps to search floor

As with other sectors, the real estate sector has also had to adapt to the Internet era and what better way to turn to mobile applications to promote and display their products. Nowadays, a large part of the population uses the mobile phone to perform most searches, all ......

Investment in housing will end 2017...

According to the Bank of Spain, in its last quarterly report on the economy of the country, housing investment will close 2017 above 4.5% GDP, an index similar to the average of the countries of the Spanish environment "and that is very far of 12% registered in 2007 ". On the other hand, the entity states that ......