Euribor July. Commence in the 3.4%

Everything suggests that in July they will turn to expensive mortgages since today, for the first time in many years, the Euribor has exceeded 3.4% following the upward trend that possibly lead to 4% by year-end.

A year ago the Euribor stood at 2091%, very close to the historic low.

Written by Carlos Lopez on June 21, 2006 with 14 points.
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Trackback # 1 Mention from Meneame.net
June 21, 2006, at 13:36.

meneame.net: The Euribor rises to 3.4% ... A year ago was 2.1% since the end of 2006 is possibly to 4% ... For

# 1, Aide Esmeralda

June 23, 2006, at 8:12.

Hello .. I am currently paying a mortgage of 142,700 € for 3 years, and I thought it was time to switch to a new housing larger in fact I have spoken to the agents who sold me the existing housing, but I am frightened by the rise in the EURIBOR ..
It would be better not to buy until the fall of the Euribor? if that is low

Thanks to which I answer ....

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# 2, clopez

June 23, 2006, at 10:12.

The Euribor does not have to get off in the future, it may be stalled in the 4-6% for several years. The current status of housing is very uncertain, so it is best not to make critical decisions at this time and wait a bit to see what happens, because there could be future decreases in the price.

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# 3, Jaimon

June 25, 2006, at 8:56.

After some years of continuous downs, the trend has completely changed, in fact Trichet (ECB) has already returned to warn further increases.

http://elmundodinero2.elmundo.es/mundodinero/Tipos/fichaTipos50697812_244.html?frecuencia=1A

I want to go and surely will be at the end of the year to 4.25% or 4%. (now it is already at 3.44%)
By the end of 2007 may be around 6% (depends on many factors, inflation, consumption, oil ...)

For people who said "The story never fall" I'm going to start to say: "And now the Euribor nor"

What if the Euribor gets to these values?
9.825 January 1990
10.447 July 1992
6.859 March 1995
5.219 September 2000
Could pass perfectly and it does not do both of those values, why not?
Ah! and take into account or +0.35% +0.45% of mortgages

Anyway, I guess we live in the country ALL that have been stuck with mortgages have numbers ... but is that it would be foolish.

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# 4, Jaimon

June 25, 2006, at 8:56.

After some years of continuous downs, the trend has completely changed, in fact Trichet (ECB) has already returned to warn further increases.

I want to go and surely will be at the end of the year to 4.25% or 4%. (now it is already at 3.44%)
By the end of 2007 may be around 6% (depends on many factors, inflation, consumption, oil ...)

For people who said "The story never fall" I'm going to start to say: "And now the Euribor nor"

What if the Euribor gets to these values?
9.825 January 1990
10.447 July 1992
6.859 March 1995
5.219 September 2000
Could pass perfectly and it does not do both of those values, why not?
Ah! and take into account or +0.35% +0.45% of mortgages

Anyway, I guess we live in the country ALL that have been stuck with mortgages have numbers ... but is that it would be foolish.

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# 5, Carlos

June 26, 2006, at 4:20.

It is symptomatic that at this very site where the Euribor is updated daily, has not been a corresponding to the months of April and May of 2006. Will it be not to create anxiety to those who have to get a mortgage in próximamene?.

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# 6, clopez

June 26, 2006, at 4:33.

Since the data are arranged in April and May.
Do not think badly, I just had to throw erased a backup that I made ;)

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# 7, Jaimon

June 26, 2006, at 19:17.

Today, the Euribor is now at 3458

And now the adviser to the ECB has said it could climb to 50 points over the August 3.
What joy!

So to Aug. 3 if he will raise the Euribor and 4%.
And at the end of the year to 4.25% or perhaps 4.5%
Why not? The U.S. Federal Reserve has raised its interest rates in a year from 1% to 5% to control inflation.

That will not stop climbing, seeing that in Germany do not stop consuming and there is danger of inflation. On the other hand, oil je je.

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# 8, Sixto

July 5, 2006, at 3:53.

How soon will have to put the rates for this pete?. I believe that by the middle of 2007 the economic recession will be a fact. For me personally I should let it go. For large amounts of money banks are giving a 3.85 tae of interest to a fixed term of one year. I do not think it is time to invest in housing, it is worthwhile to collect profits and seek other markets that have room for increase.

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# 9, jose manuel Baldo

July 5, 2006, at 12:43.

Hello. I have a mortgage and give me a spread of 0.75. That which is the market now, are you interested in a fixed mortgage interest? What kind of interest?. I have thought about a mixed 5 years during which pay a fixed interest and then becomes variable. please. a little help. :)

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# 10, victor

March 14, 2007, at 12:51.

If you still like the Euribor half the families were ruined road going to happen as in Argentina, down to where? if it keeps going up every day our money is worth less.

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# 11, TRUYI

June 5, 2007, at 16:36.

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