A large number of consumers wonder when the Euribor will reach. Its ceiling and if it is possible that it will reach again as happened in. The reality is that speculating on the future of the. Euribor and whether it has reached its ceiling is very risky. The reason is simple, everything will depend on how inflation evolves and the impact of interest rate increases on economic growth and employment. However, it is important to remember that historically inflation. Is not easy to break, and that we have found ourselves facing higher rates than today. After reading this article, we are very interested in knowing what your opinion is about the new rise in the Euribor in September. If you are interested in sharing it with us, you can do so in the “Comments” section of our Blog.
Early repayments and mortgage changes increase
Beyond the increase in mortgages, the high levels at which the Euribor still moves will continue to. Drive the early repayment of variable rate mortgages by families that have savings. The main objective is to Belgium WhatsApp Number Data reduce the interest payment and the monthly payment. On the other hand, those with a variable mortgage who do not have savings will continue to choose to renegotiate the conditions, with their banking entity or another. In this way, they seek to protect themselves from increases in the Euribor under the security offered by the fixed rate. If you find yourself in a situation that you cannot resolve on your own, do not hesitate to turn to Oi Real Estate . A team of professionals will be at your disposal and will help you throughout the process.
Data from the Bank of Spain
The Spanish Mortgage Association (AHE) has compiled data from the Bank of Spain. Which allows us to see that between January and April more than billion euros were renegotiated. This is triple that Mexico WhatsApp Number List of last year. Most likely, we will continue to see a large number of mortgage changes from variable to fixed or mixed. Renegotiating with their own bank or changing banks ( mortgage subrogation ) looking for a lower and safer rate. The reality is that it is still a good time to change a variable mortgage loan for one with a fixed or mixed rate. It is possible to find offers with fixed rates that are around and mixed. Ones with rates close to or even lower in the initial fixed section. The most important thing is to negotiate with banking entities to access personalized offers and compare them. In other words, it’s about not settling for the initial publicity.