Euribor 16 July 2018

Euribor y Hipotecas

On the 16 July 2018 we have got 10 Euribor values, taking into account the total of days banks have been active. If July closes with this value, the average Euribor would be -0.18% which means 0.026 points less compared with the Euribor of July last year.

How does this value affect mortgages?

If the Euribor closes at the end of July with a standard value of -0.18%, a mortgage of 120,000 € over a 20-year term, with its annual revision in July we would see a reduction in monthly payments of 1,33€.

Source: http://www.hipotecasyeuribor.com

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