Euríbor falls to lowest level since 2022 in November

El euríbor a un añothe most used indicator in Spain to calculate variable mortgages, ha cerrado noviembre again a la bajawith an average of 2,506%, the lowest level since September 2022. In the eighth consecutive month of decline, the index fell by 1,516 percentage points from November 2023, when it averaged 4,022%. Interannual major caída supone la major caída in the last fifteen years of 2009.

La nueva caída del euríbor propiciará una change mortgage quotas of variables que se is revised every year. For example, €150,000 over 25 years at 1% is worth €127 or €1,528. In the case of a €300,000 mortgage under the same conditions, the savings would be almost €255 per month or €3,057 per year.

El euríbor The downtrend started in April this year when it closed at 3,703%. Después siguió bajando in May (3.680%), in June (3.650%), in July (3.526%); in August (3166%), September (2936%) and October (2691%).

Simone Colombelli, director of Hipotecas del comprador y asesor hipotecario iAhorro, believes that tras la nueva dejada del euríbor, parece que el indicador “no va a char el freno”, ya que , tal y como recuerda, légo estetuarse en una tasa diaria del entorno del 2.3 %. “The indicator recorded daily data of around 2.3%, and we predict that this figure could close the year around 2.3 or 2.35%.”make sure

Until 2025, he explains, the evolution of the Euríbor will largely depend on the decisions taken by the European Central Bank (BC) respect for types of interest; y, if the body continues to decline in December and the first quarter of 2025, “it is possible to reach values ​​even below 2% before the middle of the year, before June 2025”.

Estefania González, spokesperson for Kelisto.es, points out that although the euríbor continues its downward trend in November, the rate is lower than last month, which reduces the possibility that the indicator will be expected to bajada de tipos que llevará a cabo el BCE en su príxima reunion del 12 deciembre. “The guilt is usually related to the size of the types. (0.25 or 0.50 puntos), this variable will certainly mark the direction of the euríbor in the last few weeks of the year”, he added.

González recalls that the CBA's decision, as always, will be closely related to other internal factors such as inflation in the eurozone, its growth and the elections to be held in Germany; aunque advierte de que no hay que olvidar “que In addition, Atlantico will be decisive for the re-election of Donald Trump as the President of the United States.”

In this sense, he remembers that the promise to impose a 10% tariff on imports from the European Union, in addition to the possible moderation in the interest rate reduction initiated by the Federal Reserve System (Fed), “will be very important factors for cuenta. por la Institución europea”.

In this context, since Kelisto, it is increasingly possible to reduce rates by 0.25 points for part of the BCE in December, thus hoping that the euríbor will close below 2.5% in 2024. Monetaria decidiera autoridad decidiera reducir los tipos con más intensidad, no descartan que el euríbor profundice con fuerza por debajo esa cifra.