Spainsh Mortages will be cheaper......If you can get one
Nov 27th 2008, 11:36 pm
#1
Thread Starter
Joined: Apr 2008
Posts: 1,433
Spanish mortgages will be cheaper......If you can get one
http://translate.google.co.uk/transl...%3Den%26sa%3DG
Read at the bottom of the page in the above link under Economy
The Euribor fell to its lowest level since 2006 following the announcement of a further cut in rates
The low mortgage rate of 4% in intraday trading, leaving the monthly average at 4.3%
Below is a little from the paper run through google. They say you are getting mortgages cheaper.
The Euribor has amrcado today the 3978%, its minimum intraday since December 2006 and closed in November by 4.3%, its lowest since monthly peak in February this year, which is already discounted the announcement yesterday by the ECB president Jean Claude Trichet, that the Central Bank probably next week will lower interest rates from 3.25% today to revive the European economy.
another cut in rates on December 4
The indicator, the most commonly used for the calculation of mortgages, chained and nearly two months of declines that eventually will alleviate the pressure of the Spanish families. The loans to be reviewed in December, covered the same rate as the previous month, in this case in November, experimetarán reductions in their share of around 45 euros a month or more than 500 euros per year. In July this year its intraday record high at 5393%, fell in August to 5323%, recovered slightly in September to 5384 and fell again in October to 5248% in the two parallel cuts in the price Money from the ECB in the past two months.
Read at the bottom of the page in the above link under Economy
The Euribor fell to its lowest level since 2006 following the announcement of a further cut in rates
The low mortgage rate of 4% in intraday trading, leaving the monthly average at 4.3%
Below is a little from the paper run through google. They say you are getting mortgages cheaper.
The Euribor has amrcado today the 3978%, its minimum intraday since December 2006 and closed in November by 4.3%, its lowest since monthly peak in February this year, which is already discounted the announcement yesterday by the ECB president Jean Claude Trichet, that the Central Bank probably next week will lower interest rates from 3.25% today to revive the European economy.
another cut in rates on December 4
The indicator, the most commonly used for the calculation of mortgages, chained and nearly two months of declines that eventually will alleviate the pressure of the Spanish families. The loans to be reviewed in December, covered the same rate as the previous month, in this case in November, experimetarán reductions in their share of around 45 euros a month or more than 500 euros per year. In July this year its intraday record high at 5393%, fell in August to 5323%, recovered slightly in September to 5384 and fell again in October to 5248% in the two parallel cuts in the price Money from the ECB in the past two months.
Last edited by poshnbucks; Nov 27th 2008 at 11:54 pm.
Nov 27th 2008, 11:52 pm
#2
Joined: Jun 2006
Location: Aspen, CO
Posts: 9,845
Re: Spanish mortgages will be cheaper......If you can get one
http://translate.google.co.uk/transl...%3Den%26sa%3DG
Read at the bottom of the page in the above link
The Euribor fell to its lowest level since 2006 following the announcement of a further cut in rates
The low mortgage rate of 4% in intraday trading, leaving the monthly average at 4.3%
Below is a little from the paper run through google. They say you are getting mortgages cheaper.
The Euribor has amrcado today the 3978%, its minimum intraday since December 2006 and closed in November by 4.3%, its lowest since monthly peak in February this year, which is already discounted the announcement yesterday by the ECB president Jean Claude Trichet, that the Central Bank probably next week will lower interest rates from 3.25% today to revive the European economy.
another cut in rates on December 4
The indicator, the most commonly used for the calculation of mortgages, chained and nearly two months of declines that eventually will alleviate the pressure of the Spanish families. The loans to be reviewed in December, covered the same rate as the previous month, in this case in November, experimetarán reductions in their share of around 45 euros a month or more than 500 euros per year. In July this year its intraday record high at 5393%, fell in August to 5323%, recovered slightly in September to 5384 and fell again in October to 5248% in the two parallel cuts in the price Money from the ECB in the past two months.
Read at the bottom of the page in the above link
The Euribor fell to its lowest level since 2006 following the announcement of a further cut in rates
The low mortgage rate of 4% in intraday trading, leaving the monthly average at 4.3%
Below is a little from the paper run through google. They say you are getting mortgages cheaper.
The Euribor has amrcado today the 3978%, its minimum intraday since December 2006 and closed in November by 4.3%, its lowest since monthly peak in February this year, which is already discounted the announcement yesterday by the ECB president Jean Claude Trichet, that the Central Bank probably next week will lower interest rates from 3.25% today to revive the European economy.
another cut in rates on December 4
The indicator, the most commonly used for the calculation of mortgages, chained and nearly two months of declines that eventually will alleviate the pressure of the Spanish families. The loans to be reviewed in December, covered the same rate as the previous month, in this case in November, experimetarán reductions in their share of around 45 euros a month or more than 500 euros per year. In July this year its intraday record high at 5393%, fell in August to 5323%, recovered slightly in September to 5384 and fell again in October to 5248% in the two parallel cuts in the price Money from the ECB in the past two months.
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