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









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