The euribor descends up to 3 % for the first time from 2006
07.01.2009
They continue the continuous descents of the index euribor to twelve months, now another barrier has been pulverized. In his daily change, the principal reference to the calculation of the loan mortgage has descended up to 3 % for the first time from March, 2006, on having been located in 2,995 %.
The new year supports the downward tendency of the euribor. In his second day of 2009, the euribor to twelve months has descended from the barrier of 3 %. For almost three years, time has happened, it was not located below 3 %.
In his daily change, the euribor has repeated the same value that marked this March 2, 2006, 2,995 %, 0,03 percentage points below the fact with last Friday, the 3,025rd %.
The downward march of the euribor is supported for almost three months, from October 10, and in the short term the perspectives do not augur a change of tendency.
An appointment of special relief in the next dates will be the meeting that the European Central Bank (BCE) celebrates on January 15 to update his monetary policy. According to the majority forecasts that the market handles, this update would take form with a new clipping of the types, from 2,5 % current.
The euribor would have the way like that cleared to prolong these descents, extensible also to the indicator to three months, most used to evaluate the tensions on the interbank market. In his daily change of today, the euribor to three months has been located in 2,822 %.
Newly initiated in January, the medium month's characteristic is located in 3,010 %, almost 1,5 percentage points less than 4,498 % taken into account one year ago, in January, 2008. The medium month's characteristic of the euribor marks minimums from February, 2006, when it was located in 2,914 %, what will check substantially the mortgage loans that are checked in the next weeks.
In the next days, the banks will have to apply in his reviews the average of last December, of 3,452 %, who confirmed the Spanish Bank last Friday, what he will benefit to the persons who check his mortgages in the next weeks.
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