May Euribor Anticipates Reductions in Mortgage Fees

The recent fall of the Euribor brings good news for mortgages in 2025. Read more The fall of the Euribor and its effect on mortgages in 2025 in Actualidad.es.

The decision of the European Central Bank (ECB) to undertake a new rate drop last April - it reduced them to 2,25% - has been like a balm for the Euribor, whose provisional average has been placed in May at 2,081%. Undoubtedly, a good new one for mortgage holders at variable rate referenced to this indicator, which are the majority, but also for those who plan in the coming months to hire a loan to buy real estate.Continue reading...

The 12-month Euribor, the interbank market's benchmark interest rate to which most variable-rate mortgages in Spain are pegged, stood at an average of 2.081% in May, pending confirmation of this figure by the Bank of Spain. Read more]]>

Hello How are you? Well, thank you for asking. Well, we finished a month that started very well (with a party and the Euribor at 2,049%) and has ended a...

The 12-month Euribor, the benchmark interest rate of the interbank market to which most of Spain’s variable-rate mortgages are referenced, stood in May at 2.081% on average, in the absence of confirmation of the data by Banco de España. This data represents a new minimum since 2022, when the European Central Bank (ECB) began to raise interest rates and implies significant reductions in the mortgage quota to be paid for those who have a loan in t…

The ECB will have to decide at next week's meeting whether to cut interest rates again.