The Euribor has already broken the barrier of 2% to be placed during the month of April at 2.086% , another negative factor for the mortgaged English pocket.
EuriborThis rise has not done more to delve further into the three most important in Spain: 1) Increase price (CPI rise of 3.8%, especially fuel), 2) Increased unemployment 3) Increased cost of mortgages.
And it is and what was missing in the English economy battered , to see now how the pockets are a little more empty.
In fact, for an average mortgage of 150,000 euros, with the rise of the Euribor will pay 744 euros more per year than we did before, which is more than one share more than a year.
Keep in mind that this year those who touch review in May have been paying about 580 euros for an average mortgage and will now pay approximately 642 euros, about 62 euros a month.
And unfortunately we have to say the Euribor will continue its unstoppable rise.
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