Sweeney’s Blog Loan, Mortgage And Medical Information

23Nov/08Off

The rates Euribor began the descent

Here at last with this expectation news Euribor rates are falling.
After a year of continuous climb increasingly fast, now the rates have reversed the trend, and as for oil falls.
Draghi as he announced the quarterly Euribor rate (a lot used for the calculation of the installment of the loan) reached 5%, while the monthly has touched 4.69%.

We hope that these decreases have considerable and immediate influence on the rate of loans granted.
Perhaps it is time to hope in being able to lower the rate of the loan right now that started the new procedure for renegotiation provided by the government.
We hope the Euribor continues with its downward trend.