Loans before the increase rate slowed

In the monthly report of 'Abi shows that the rates charged by banho for the mortgage on the house were slightly decreased compared to the record in October, because the hours are 5.67% versus 5.71% of the top the previous month. The trend in rates since September 2001 when there was the attack on the twin towers of New York, had an initial drop the lowest in July 2003, touching 3.58%, but also the growth in the cost of money and consequently the reference rates, à ¨ been more or less continuously until it reaches the beginning of 2007, 5% for bank interest on loans sull'acqisto of housing units. In 2007 the increase is verified and settled in June has reached 5.5% in July, 5.6% in August and 5.62% in October, the rate had its maximum in the last five years stands at 5.71%. The interbank rate (Euribor) which are connected to the loans in recent months there is always tunuto above the interest rate set by the ECB, even after the crisis of liquidity tied to mortgages to high-risk subprime U.S. and November l 'euribor one month (base 360 days) is flown at 4.6% while the rate set by the European Central Bank was 4% but the joint operation of the Federal Reserve and the U.S. to enter the ECB liquidity credit market has caused a smussaura on 'Euribor one month, making it back to 4.523% while that on the basis of 365 days is reduced to 4.538%. The ABI claims that after the close of the financial statements of banks in January 2008 the inter-bank rates should return to normal and cosà ¬ already since February indebted households with mortgages should have a shot of oxygen, unless the ECB no adjustments up the reference rate, driven by inflationary danger dictated by increases in energy costs and cereals.

Related posts

• Mortgages more light in February (0)
• U.S., the Fed cuts a quarter-point rates (0)
• Rate Mortgages, falling to the lowest in April (0)
• Forecasts Euribor and IRS on loans (0)
• The Federal Reserve cut the rate of reference (0)