Repayments on the average mortgage have fallen by €4.50 a month as the Euribor ended February at -0.191%. Analysts think the rate upon which most Spanish mortgages are based will remain below zero throughout 2018. However, they also warn that Eurozone interest rates could rise to 3% in the next five years forcing average monthly payments up by €250.
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‘Robin Hood’ government slammed by the banks
Big banks and electricity giants are registering record profits – but are still up in arms over additional taxation imposed by the government to...
