The Euribor rate drops again in April
The Euribor continues its downward trend. The interest rate index lost another five thousandths and closes the second week of April with its 87th consecutive day going down. The index (at April second week) is 0.695 points below its mark at the same week last year, which means that the mortgage interest are going to be cheaper. Euribor has lost another five thousandths in its daily rate since end of March and reaches the 1.352%.
If the trend continues until the end of the month, mortgage holders will get significant savings in the monthly payments in about 40 €, which means 480 € per year that you can spend in a nice break at the Costa Blanca.