The daily rate stands at 3.622%, although the average monthly value used to review mortgages ended the month at 3.647%.
He 12 months Euriborthe index to which most variable mortgages in the Spanish state refer moderated its rise in March to an average rate of 3.647%, and Chains already 15 consecutive months of promotions.
After the rise in interest rates and the return to calm in the banking sector, the Euribor rose again and ended the month in a daily rate of 3.622%.
He average monthly value, the one used to rate mortgages, ended at 3.647%, compared to 3.534% in February. The increase in March was 113 basis points, the lowest since the same month last year.
Despite a more moderate rise in March, the variable mortgages to be tested against this month’s data will rise again, as the Euribor was still negative a year ago at -0.237%.
The strong fluctuations recorded by the Euribor in March meant that it rose less intensely than in previous months and that, for nowIt has been away of the rate 4% which, according to expert sources, would exceed this month.
Source: EITB
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