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 intermediary makes the exchange...
The intermediary makes the exchange process more efficient

The functions described in the previous postcards (1) about the role of the intermediary in real estate distribution are not the only ones. There are some other aspects of intermediation work that should be noted as part of the value of the intermediary relies on them. See the first: The existence of the intermediary makes more ......

Development will build 20,000 socia...
Real estate publications.

In order to increase the supply of rent and stop the rise that is occurring in its price, the Ministry of Public Works will promote 20,000 homes for rental for the next 6 years. Minister Jose Luis Ábalo has announced a plan to promote this initiative. The houses will be used for rent ......

The price of urban land increases 7...
The price of urban land increases 7.8% year-on-year in the 3Q of 2017

As shown by the Land Price Statistics of the Ministry of Development, the average price per square meter of urban land rose by 7.8% year-on-year in the third quarter of this year (to € 162) but experienced a decrease of 2.6% with respect to the previous quarter. On the other hand, …...

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 ......