How will the 4% Euribor affect the mortgage market?

He euribor continues without brakes. In just one week, the reference index for mortgages in Spain has shot up 0.641 points, to the point of reaching above 4.1% in daily rate. In this way, it stands at its highest since November 21, 2008, while the June monthly average reaches 3.957% and is close to breaking the 4% barrier. This occurs after the latest rise in interest rates by the European Central Bank (ECB) and the statements of the main central banks. For this reason, many customers are likely to wonder How will this data affect the mortgage market? and the review of their mortgages.

This index to which most of the Variable rate mortgages in Spain will continue to change throughout the monthTherefore, many mortgage holders may have to face an increase in their installments. Therefore, how much could the mortgage payments go up? How can the mortgage be canceled or subrogated? Will there be reductions in mortgages in the coming months?

Two experts in this area of ​​the online platform for financial products iSavings will answer the main questions from the readers of La Información in order to shed light on the impact that the Euribor will have on the market has broken the 4% barrier for the first time since 2008. This digital office will take place next Wednesday June 28 from 4:00 p.m. and will be broadcast live on the channel iSavings YouTube as well as in Twitter, Facebook, LinkedIn and Youtube of the information.

On this occasion, we will have the collaboration of two iAhorro specialists. On the one hand, jordi diezmortgage advisor at the firm, and on the other, Sergio Gorriz, iAhorro mortgage expert. The purpose of both will be to explain how the Euribor will evolve in the coming months and How much can mortgage payments go up? of customers.

If you find yourself in the situation of wanting to ask for a mortgage, you need advice on what are the best options Currently, you want to find out how much the fee could rise with the Euribor or what options do you have to cheapen For the current review, you can ask your questions to Jordi Díez and Sergio Gorriz, next Wednesday, June 28 from 4:00 p.m. on the iAhorro YouTube channel.

How to send your questions about the Housing Law to the office

From iAhorro y La Información we make available to all users five different ways to be able to send the questions have about the process of renting or buying a home:

  • Sending your questions to email: [email protected]
  • Sending your doubts through the email address: [email protected]
  • In any of the social networks of iSavings or Information.
  • in the chat of Youtube live during the event.
  • In any of the social networks of La Información with the hashtag #HipotecasiAhorroLI.

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