Euribor 16 October 2017

Euribor y Hipotecas

On the 16 October 2017 we have got 10 Euribor values, taking into account the total of days banks have been active. If October closes with this value, the average Euribor would be -0.176% which means 0.107 points less compared with the Euribor of October last year.

How does this value affect mortgages?

If the Euribor closes at the end of October with a standard value of -0.176%, a mortgage of 120,000 € over a 20-year term, with its annual revision in October would see a reduction in monthly payments of 5.50€.

Source: http://www.hipotecasyeuribor.com

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