In March, the 12-month Euribor rate in Spain is expected to rise again, hovering around 3.72%. This means a slight increase in the fee for those who review their loans annually, but offers some relief for mortgage holders who review their loans semi-annually.
Analysts believe that the Euribor will likely remain stable or trend slightly downward until June, when the European Central Bank is expected to reduce interest rates. However, uncertainties such as the economic slowdown, inflation, and geopolitical conflicts could impact its trajectory. Overall, the Euribor is expected to fluctuate around 3.7% in the short term, with the possibility of significant drops in the longer term.
The rise in the Euribor in March will lead to an increase in the fee for mortgage holders who review their loans annually, while those who review semi-annually will see a slight reduction. Mortgage holders should stay informed about market trends to make informed decisions regarding their loans.