The Euribor exceeds 3.3%, reaching levels not seen since October 2002

The main indicator used in Spain to set the interest rate on mortgages climbed up to 3306% yesterday, which reached levels not seen since mid-October 2002.

According to analysts, the increase in the Euribor to twelve months, which in April had not dropped any day of the 3% level, will continue to rise until reaching exceeded 4% by year-end.

These price increases are occurring in line with statements made last week by several European Union's monetary, favorable to an increase in interest rates.

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Written by Carlos Lopez on May 3, 2006 with 3 points.



3 comments

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# 1, Lieb

May 3, 2006, at 7:12.

is very worrying ....
I sincerely believe that exceed 4% before the end of the year ...

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# 2, aa

May 4, 2006, at 1:16.

The rates go up, but no one says why. The ECB will rise to curb inflation, but not the Euribor is fixed by the ECB, but the speculators. In Europe there is more liquidity than ever. Why rising rates? The only reason I can think of is the lack of confidence in the future and you're paying an increased risk. Nobody is reliable?

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Trackback # 3, Mention from Webcalendario.com
January 31, 2007, at 2:42.

valeria marine calendar 2005: calendar 2005 valeria marine The Euribor exceeds 3.3%, reaching levels not seen since October 2002 - Euribor 2006: Value ...

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