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

Finally came the essential regulati...
Finally came the essential regulation of the real estate sector for better consumer protection

The regulation of the real estate sector was a pending issue for more than a decade and the Official College of Real Estate Agents has been working since then to make this a reality, for the benefit of Andalusian consumers. It has already been commented on multiple occasions that "The biggest investment that a ......

The Junta de Andalucía promotes a p...
Andalusia: Housing protected under self-construction, Order of July 4, 2018. BOJA Nº 133

The Ministry of Development and Housing has promoted a program to promote the promotion of protected housing in self-construction regime or through other cooperative formulas....

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 ......

The investment in the real estate m...
The investment in the real estate market in Spain marks a historical record in 2017

The volume of investment in the real estate market in Spain in 2017 amounted to 45% and has exceeded the figures of acquisitions prior to the crisis in the sector. According to the data provided by the real estate consultant JJL, the investment figure reached 13,990 million euros in our country last year, ......