HE euribor It rose again, but this time at a more moderate pace. Only increased by 0.011 percentage points until you reach 4,160%, This is a very close figure to 1.149%, which was the figure at which Euribor closed last September.
Does this mean The indicator has already entered a stabilization phase? “Euribor resists exceeding the 4.2% barrier more than expected. It has now been at 4% for five months and total growth does not exceed two-tenths. This this is good news because if we look back over just a few months, we see that these two tenths were easy to overcome from one month to the next, and the fact that they do not do so now is evidence that the situation has stabilized and this situation has improved. topIf the European Central Bank allows may be close”says Simone Colombelli, Mortgage Director at mortgage comparator iAhorro.
However, as Colombelli points out, The key may be in the decision made. Christine Lagarde at the next meetingIt will take place on Thursday, December 14th. “We will need to be aware of this.” increase rates again by another 0.25 points “Or wait until 2024 to continue the increases, because clearly there will be more,” he adds.
This might mean betting on variable mortgages is not a good ideabut it all depends on: user’s needs. If what a person wants is to acquire an investment property, maybe A variable mortgage with a short repayment period may be a good option.
Among variable mortgages we can highlight: Evo. It has a Euribor TIN of +0.48% (2.30% in the first two years) and an APR of 4.71%. In return, it will be necessary to maintain a payroll, pension or unemployment benefit exceeding 600 euros for residence and to have home insurance.
It is also worth highlighting the issue of variable mortgages. open bank. It consists of a TIN of Euribor+0.60% (1.60% in the first year) and an APR of 5.03%. As long as all this is at the payroll’s residence; electricity and gas are contracted to Repsol; If Openbank credit card is used; Two insurance policies (life and home) are purchased and contributions are made to mutual funds or retirement plans marketed by the organization.
For your part, Freedom mortgage from Banco Mediolanum Euribor’s TIN consists of +0.79% (0.99% in the first year) and APR of 3.60%. The conditions that must be met to sign these conditions are: opening a bank account at the organisation, direct deposit of permanent income equal to or greater than 3,000 euros and taking out life insurance.
We should not forget the variable interest loan BBVA. By debiting the payroll directly and taking out two insurance policies (home insurance and loan repayment) the user will be able to enjoy a variable mortgage with Euribor +0.60% (1.99% in the first year) TIN and 5 APR. 48%.
Ibercaja It also has a variable mortgage with good terms. Its TIN is Euribor+0.60% (1.50% in the first year) and its APR is 5.37%. The connections to be assumed in this case are to route payroll and ordinary revenues; use the organization’s credit card; buy two insurance policies (life and home) and make regular contributions to one of Ibercaja’s investment funds.
In short, for those looking for variable mortgage There are interesting options to evaluate.