Tag Archives: Mortgages
New low Euribor 1.83%
Incredible is falling dramatically as the Euribor.
Only a year ago told the climb to levels highs and today we are with the Euribor rate at 3 months to 1.83%.
A historic low and as it counterbalances the weight of the past.
Already some reports were received of the new adjustments rata lighter than before and will continue [...]
Likely ECB rate cut of 0.5%
Entries corridor confirmed by European Commissioner for Economic and Monetary Affairs, Joaquin Almunia, say a cut in cost of borrowing by 0.5%.
It would rise from 2% to ‘1.50%.
Although the news was not especially real estate loans, now with the introduction of new loans linked to this rate, a cut of 0.5% lead:
Today, the floating rate [...]
Full StoryECB cuts rates by 0.5% as announced
As announced a few days ago the central bank has decided to cut the cost of borrowing by 0.5 percentage points. The British bank has followed the lead of the same decline.
Hoping that this moves closer to new markets, the statements show that this may not be the last fall:
The President of ECB Jean Claude [...]
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