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The Eurybor will close the year with another rise, the fifth consecutive month in a row

Despite this increase, mortgages with annual review will, for the most part, be reduced, albeit only slightly.

Viviendas
Housing. Photo: EFE

The one-year Euribor, the most widely used indicator for calculating variable interest mortgage rates, will rise for the fifth consecutive month in December and close the year at around 2.270%, the highest rate since March this year, when it stood at 2.398%.

Despite this increase, mortgages with annual review will, for the most part, be reduced, albeit only slightly.



at the end of December 2024 the Eurybor reached 2,436%, so an average mortgage of 150,000 euros over 25 years has saved about 12 euros a month or 150 euros a year.

By 2025, this indicator has ranged between the annual maximum in January (2,525%) and the minimum in June (2,081%).

The Eurybor is expected to remain relatively stable in the coming months, after the European Central Bank (ECB), at its last meeting in December, left interest rates in the euro area unchanged.

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