According to Europa Press, Euribor registered in April, for the largest year -for more than 15 years, which will be 2143%.
The indicator, which most variable mortgage loans in Spain fell to a minimum from August 2022, when the European Central Bank (ECB) decided to change the course of its monetary policy and begin to increase types in order to stop the inflation crisis in the eurozone.
As for March, Euriber fell by 0.25 of the main pointsWhile against April 2024, the largest decrease per year was reduced at 1.56 basic points since August 2009.
Thus, the person who hired a variable mortgage 150,000 euros for 30 years and with the differential of Euribor by 0.99% and should reconsider its interest rate with the April level will register a decrease in fees by 133 euros per monthThe field is equivalent to 1600 euros per year.
This calculation, carried out by Europa Press, implies the maximum descent level for a person who hired a mortgage with this funded level, since this is a review, at the beginning of the loan (that is, it has 30 years for depreciation), a change in the interest rate has a much greater impact to be of great importance for depreciation.
“He Earibor was surprised by another surpriseAlthough the progress of this indicator is unpredictable, and many political, social and economic factors influence, just a few weeks ago we talked about stability on average monthly values that it has completely broken during this April, ”says Iaherro experts.
According to this comparator, the fee can reduce “from 130 to 260 euros per month, depending on the amount that is paid a loan”, which must annually revise the quota of its variable mortgage.
The influence of international tension
“This is a clear sign that we will soon see Euriber less than 2%. When it seemed that we lived a moment of stability, a new reduction in the European Central Bank brought with it a new fall in Eurobrah, which makes him clearly renew his tendency to reduce, ”explains the director of the mortgage of Jakhorro, Simone Columbelli.
From HelpmyCash, they explain that this situation is part of the context noted “International tension” It is caused by the declared tariffs, and subsequently slowly, US President Donald Trump.
“The tariffs declared by the President of the United States Donald Trump for products of the European Union (subsequently temporarily canceled), paradoxically canceled the economic earthquake. But the fear of the recession, paradoxically, was positive for those who have a mortgage variable, ”add experts of this last comparator, who believes that Euribor will end the first supply. 1.90% and 2.20%.
According to the person responsible for the mortgage mortgage, Sergio Karbadal, The trend of Eurobrah “will continue to be a bassist”Although this will depend on the decisions taken by the ECB regarding the reduction of official types of interest.
“It is important to take into account the incidence of US tariff policy and see how it affects the EU ECOZONE economy, since the weakening of the European economy will contribute to the ECB to further reduce interest rates to stimulate the economy,” the expert adds.
