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 Government proposes an increase...
The Government proposes an increase in the rental contract from 3 to 5 years

The new Government is considering extending the duration of rental contracts from 3 to 5 years and increasing tax deductions for tenants and owners. In recent months, there are many problems arising from rent in large cities due to high prices and the emergence of tourist rentals. ......

Use taxation to boost the rental ma...
Real estate news, rent market taxation.

The Council of Economists believes that tax benefits can help boost investment in housing for rent. The body specialized in tax advice of the General Council of Economists of Spain (REAF) presented a report on the Declaration of Income and Equity last April. In that document, they analyzed the ......

Fees fees when signing a sign or de...
Real estate publications, honorary fees, unrealized contract.

The first ray of light, appears in 2013, when the Supreme Court, in the March 8 Sentence (see it here), puts black on white the interpretive axes on which the main characterization of this concept of "mediation" is concerned, whatever it is called according to the practices and uses of each site, what ......

Consumer inspections, more and more
Consumer inspections, more and more

The consumption delegations of all the communities, are doing more and more inspection tasks to detect the breach in the matter of consumption in the sales and leases in which the real estate agencies intervene, with high fines. Remember that inspectors can pass themselves off as clients without first identifying themselves. All …...