The twelve-month Euribor, the most used indicator to calculate variable real estate loans, is down for the sixth consecutive month in September, closing with an average rate of 2.936%, and experts predict that it will maintain the downward trend until the end of the year, where it could be around 2.5%.
It fell in September until then 2.936%, compared to 3.166% in Augustand is at its lowest level since November 2022. If we compare the data with those of a year ago, the indicator has fallen sharply, since in September 2023 it was trading at 4.149%.
Thus, those who must review their variable mortgage loan annually They will benefit from savings in increments of between 100 and 200 euros per monthas well as the European Central Bank’s interest rate cut in the middle of this month.
