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

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

Does the order at home influence th...
Does the order at home influence the mood?

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 ......

Finally came the essential regulati...
Finally came the essential regulation of the real estate sector for better consumer protection

The regulation of the real estate sector was a pending issue for more than a decade and the Official College of Real Estate Agents has been working since then to make this a reality, for the benefit of Andalusian consumers. It has already been commented on multiple occasions that "The biggest investment that a ......

Real estate transparency and its ke...
Real estate transparency and its keys

After what has happened in the crisis and the mistakes made by the real estate sector (evictions, empty flats, speculation, etc ...) society and the client demand, more than ever, transparency in this area because a great distrust has been created. Agencies and agents can do something about it to transmit security. ......

Social networks for real estate: Ad...
Real estate social networks, advantages and disadvantages.

In the world of social networks we will find a series of advantages that will help us boost our agency. However, like everything else, there are also a number of disadvantages derived from its use. However, do not be discouraged, the advantages weigh much more than the disadvantages. Let's see which are the main ones: Advantages Good channels ......