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

Social networks for real estate: Fa...
Social networks for real estate: Facebook

Facebook is the social network where most people and companies are. Its management will require an effort, since to keep it active, we must share useful, diverse and quality content. Facebook is the most widespread social network, with more than one billion users. We all know the "like" or the "share", ......

The Art of letting yourself be
The Art of letting yourself be

On the Art of letting be (to stop doing), Baltasar Gracián indicates to us: Aphorism 138 of Baltasar Gracián (1) - «And more when more common the sea revolts, or the familiar one. There are whirlwinds in human dealings, tempests of will; then it is sanity to retire to the safe harbor of the ford. Many times the evils worsen with ......

The new regulation of holiday renta...
The new regulation of holiday rentals in the Canary Islands is prepared

The Canary Islands Government presented last May a draft of the new decree to regulate holiday rentals in the archipelago. The idea is to prevent its development in residential land in tourist areas, although with exceptions. According to the Regional Tourism Adviser, Isaac Castellano, the Government's objective is to "update" the regulations, the ......

Difficulty of proposing the due end
Difficulty of proposing the due end

The difficulty of proposing the proper end is an observation about the obstacles, pitfalls and difficulties that men suffer, religious or not, in establishing our goals ... and that it is not "going to chance" -now we would say the lack of pre-planning, lack of preparation-. Jaime Balmes points out that many of those who ......