The Eurobor Will Close May at 2.08% and Will Bring Discounts of up to 3,200 Euros per Year for Mortgages

The eurobor will close the month of May at around 2.08%, in the absence of the last two data of the month.With this new rate, the reference index for mortgages in Spain points to the fourth consecutive fall.Although, on this occasion, it is a slight cut that will keep the percentage above the 2% barrier, leaving the great decrease as a reaction to the expected fall in interest rates of the European Central Bank (ECB), scheduled for the next 5 Ju…

The annual differential rises to -160 points, which will mean a cut almost in half (-43%) compared to the same month of 2024, the biggest decrease in a decade.