The Euribor resumes its historic minimum levels… and could continue falling.
No one thought two months ago that the Euribor could drop even more than in December. But finally this mortgage rate has broken the mould in order to close March at 0,54%, its lowest level in history. And the most important thing is that the discounts these descents could cause on mortgages might continue in the next few months.
The Euribor at 12 months, the mortgage indicator to which most mortgages in Spain refer to, has caused more happiness to all holders of mortgages saying good bye to the month of March at its lowest level in history, 0,54%. (…)