When we finished the month of February closed at 1.225% and a history we can advance the value that the index mark in the month of March will probably a new low of welcoming thousands of mortgages.
Today the Euribor marks a 1,218% with some volatility, but protected by the recent announcement by the European Central Bank to keep official rates to 1% over a new season.
These unusual values of the interest rates are resulting in an invaluable help to many people who ventured out during the housing bubble to buy a new home.
Undoubtedly a rise of 2 or 3 points would be catastrophic for many families who see their wages fades at end of month so that would not be of more use to try to get a few dollars ahead before the situation changes and rates recover.
Hopefully in this time as the ground clauses in mortgages and move to a better life so users can enjoy the real value of the rates. You can take advantage to take a look at the simulator as well as mortgages and see up your monthly payment.
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