What’s happening with Euribor? Photo: Shutterstock
To the Genius subscriber
Although the most common type to which long-term loans in Estonia are linked is the 6-month Euribor, by mutual agreement between the customer and the bank, the 3-month Euribor can also be chosen as a type of home loan. or 12 months. At the moment, however, it is quite rare for the 3-month Euribor to have the most expensive interest rate.
Many could have taken out a home loan with the Euribor at just 3 or 6 months in the hope that the Euribor would start to fall faster at some point. This is what happened to one of the readers of Rahagenius, who took 3 months of Euribor with a conscious risk and the hope that if at some point the Euribor starts to fall, it will fall faster for him too. But now he doesn’t understand why his Euribor isn’t falling quickly.
We looked at what exactly this means and what the market outlook is right now.
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On the same topic
2024-01-12 11:49:24
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