IRPH
The Reference Index Mortgage, known as IRPH, a percentage that is used by financial institutions to update mortgages with variable interest rates. The Bank of Spain publishes each month through the different rates an average of the various offers of the mortgage market registered by banks and savings banks.
The IRPH offers three different patterns: Banks, savings banks and all the entities.
- IRPH of banks: the average number of loans granted to three years by these entities.
- IRPH savings are calculated according to the offers mortgage savings banks.
- IRPH the set of entities: an average of the previous two.
This rate is determined by the average interest rates on new mortgage loans with a duration longer than three years, not counting the extreme values of the entities referred to.
It is published by the Bank of Spain, and before he knew as DGTPF (Directorate General of the Treasury and Financial Policy). Usually, its value is above the MIBOR (EURIBOR), but his swing is not as frequent.







# 1, manuel
This is a shame, the state does nothing for the youth,
Above that the floors are through the roof and catch up interest