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

More than 4,000 properties sold by Unicaja to Axactor

Banks continue to reduce their real estate portfolio thanks to foreign investors. Unicaja Banco has informed the CNMV (National Securities Market Commission) of the transfer of 75% of two holding companies of real estate assets to the Norwegian firm Axactor, which translates into a total of more than 4,000 properties. Of …...

Real Estate News Real Estate Agents Registration Madrid

Registration will be voluntary and professionals must prove their professional training. On February 13, a communiqué was published confirming that the Government Council has approved the decree creating the Real Estate Registry of the Community of Madrid. The main purpose of this registry is to defend and protect the rights ......

Aphorism 130 Baltasar Gracián: Making and making seem

Picture of Baltasar Gracián found in Graus (Huesca) Spain. Make and make seem: "Things do not happen for what they are, but for what they seem. To be worth and to know how to show is to be worth twice. What is not seen is as if it were not. The reason itself does not have its veneration where it has no face ......

Bedrooms: 5 decoration tips

Previously, we talked about Home Staging as a technique for optimizing housing for its presentation. In this article, we will focus on bedroom decoration through some guidelines, but let's start with a key question that is the basis of all of them: what should a bedroom transmit? The answer is very specific: comfort, ......