The rise in the Euribor in June marks the end of cheap mortgages

The rise in the Euribor in June marks the end of cheap mortgages

The Euribor entered positive territory in April and in June it confirmed its biggest rise in 14 years, which confirms the end of cheap mortgages. The most common variable interest rate on mortgage loans had been negative for six years, since February 2016, and has now skyrocketed. After closing May at 0.287%, June began strongly, …

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