Euribor Sees Biggest Increases of the Year – “Huhhuh!”
13 Articles
13 Articles
This is the eighth largest sunrise in the history of the Euribor for the year.
Monday's jump was the third largest of the year.
The European Central Bank's key interest rate hike spurred a rise in the Euribor rate for the year. An expert reassures mortgage borrowers.
Finland's most common reference interest rate for mortgages, the 12-month Euribor, has risen to 3.312 percent today. The increase was 0.152 percentage points today, which is one of the largest daily increases ever, according to OP Pohjola's senior market economist Jari Hännikäinen. Hännikäinen commented on the increase in the reference interest rate on the messaging service X. At the end of August, Euribor rose above the three percent threshold …
The 12-month Euribor reference rate jumped significantly.
Three-month rate, which advanced to 2.664%, continued below the rates to six (2.936%) and 12 months (3.312%).
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