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

As of 2017, all websites must have...
As of 2017, all websites must have installed the SSL certificate in order not to be penalized by Google

SSL Certificates Secure and trusted pages SSL certificates are necessary for any website that handles confidential information, as it will guarantee the security of data transmission when encrypted. What are SSL certificates and what is their function SSL is the acronym of the abbreviations in English «Secure Socket Layer» (or ......

To get well in the subjects, to tak...
To get well in the subjects, to take the pulse then to the businesses

(Picture of Baltasar Gracián found in Graus (Huesca) Spain). Aphorism 136 Be well in the matters, take the pulse then to the businesses "Go many or by the branches of a useless reasoning, or by the leaves of a tired verbosity, without running into the substance of the case. They do a hundred laps around a point, getting tired and ......

Indications and presumptions: The c...
Indications and presumptions: The case of the buyer's veil

This time we will comment on a ruling that rejects the demand of a real estate agent against the owner who sold a property to a final buyer who had not been presented to the owner by the agency, but who turned out to be the boyfriend of the person who went to the real estate to know and talk about the property. ......

Protect your business: 7 Tips to av...
Protect your business: 7 Tips to avoid a cyber attack

Currently, all companies depend on technology and both business and personal information may be exposed to cyber attacks. It is very complex to protect computers 100%, but there are some formulas to prevent them with a high percentage of success. Here are some tips: Content1 Protect computers.2 Make backups.3 Browsing ......