Euribor Rises to 2.528% on January 27, 2025
The daily Euribor on January 27, 2025, reached 2.528%, up 0.029 points from Friday, impacting 4.1 million Spanish families with variable-rate mortgages; the monthly average stands at 2.524%.
Euribor Rises to 2.528% on January 27, 2025
The daily Euribor on January 27, 2025, reached 2.528%, up 0.029 points from Friday, impacting 4.1 million Spanish families with variable-rate mortgages; the monthly average stands at 2.524%.
Progress
24% Bias Score
ECB Interest Rate Cut to Lower Greek Mortgage Payments
The European Central Bank's anticipated interest rate cut will lead to lower monthly payments for approximately 400,000 Greek homeowners with variable-rate mortgages that had their payments temporarily fixed in May 2023. This follows a bank program to protect borrowers from rate hikes.
ECB Interest Rate Cut to Lower Greek Mortgage Payments
The European Central Bank's anticipated interest rate cut will lead to lower monthly payments for approximately 400,000 Greek homeowners with variable-rate mortgages that had their payments temporarily fixed in May 2023. This follows a bank program to protect borrowers from rate hikes.
Progress
36% Bias Score
Euríbor Continues Decline; Relief for Spanish Mortgage Holders
The daily Euríbor rate dropped to 2.348% on December 4th, 2024, impacting 4.1 million Spanish families with variable-rate mortgages, signifying a continued downward trend from its peak earlier this year.
Euríbor Continues Decline; Relief for Spanish Mortgage Holders
The daily Euríbor rate dropped to 2.348% on December 4th, 2024, impacting 4.1 million Spanish families with variable-rate mortgages, signifying a continued downward trend from its peak earlier this year.
Progress
16% Bias Score
Euribor Drop Brings Significant Savings to Spanish Homeowners
The average Euribor in December 2024 fell to 2.435%, resulting in significant savings for Spanish homeowners with variable-rate mortgages and a surge in home sales; this is due to decreased inflation, economic uncertainty in Europe, and the European Central Bank's interest rate cuts.
Euribor Drop Brings Significant Savings to Spanish Homeowners
The average Euribor in December 2024 fell to 2.435%, resulting in significant savings for Spanish homeowners with variable-rate mortgages and a surge in home sales; this is due to decreased inflation, economic uncertainty in Europe, and the European Central Bank's interest rate cuts.
Progress
44% Bias Score
Spain's Mortgage Rates Hit Second-Lowest in Europe
As of late October, Spain had the second-lowest average mortgage interest rate in Europe at 3.2%, a decrease from a high of 3.94% in October 2023 and lower than the Eurozone average of 3.5%, driven by the ECB's policy changes and market anticipations, influencing borrowing costs and impacting the ho...
Spain's Mortgage Rates Hit Second-Lowest in Europe
As of late October, Spain had the second-lowest average mortgage interest rate in Europe at 3.2%, a decrease from a high of 3.94% in October 2023 and lower than the Eurozone average of 3.5%, driven by the ECB's policy changes and market anticipations, influencing borrowing costs and impacting the ho...
Progress
44% Bias Score