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

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

The fall of non-residential real es...
The fall of non-residential real estate investment in Spain in 2017

According to the market study conducted by Deloitte Real Estate, real estate investment has suffered a decline in Spain after several years of growth. The rise in prices and the absence of large operations are the main reasons why the volume destined for ... has been reduced by 22% compared to 2016 ......

FADEI supports the Andalusian Real...
FADEI supports the Andalusian Real Estate Quality Code and wants to extend the model to the rest of the autonomous communities

FADEI (The Federation of Real Estate Companies) proposes the extension of the CACI (Andalusian Code of Real Estate Quality) to all the autonomous communities. The president of the Federation, Montserrat Junyent, has declared that "the CACI is a pioneering initiative in our country that benefits the sector. Therefore, our will is to extend this model to the rest of ......

Investment in housing will end 2017...
Investment in housing will end 2017 above 4.5% of GDP

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 ......

Andalusia approves a new Regulation...
Andalusia approves a new Regulation Code for the real estate sector

The Junta de Andalucía and the Andalusian Consumer Council, with the participation of the Directorate General of Consumer Affairs, presented last January the ANDALUSIAN CODE OF REAL ESTATE QUALITY (CACI). This Andalusian Code arises from the need to protect the lawful interests and safety of consumers and users of real estate services ......