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The fall of the Euribor, the reason why Spanish families can save 2,000 euros on their mortgages

Thousands of Spaniards see how their variable mortgage bills, the price to pay decreases month by month. This is due to the continued decline of the Euribor and the interest to be paid.

In some cases, Spaniards save around 200 euros per month on what they were paying until now. A saving that can mean stop paying more than 2,000 euros per year. And this is because the Euribor continues to fall, already below 3%.

So, in this situation, banks offer much more attractive conditions to customers to attract them, thus generating a battle between entities.

In fact, some They are already signing fixed rate mortgages close to 2%. This fixed-rate option is starting to be the best for many families in a mortgage war that is also improving the offer for those considering applying for a loan.

And experts have calculated it. In the coming months, the number of buyers could increase by up to 30% thanks to more affordable prices.

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