The Euribor descends in October after 24 consecutive ascents

   The Euribor you have lower in October, remaining in 4,647 %. Let's remember that In September one please in 4,725 %, that is to say 0,078 less, that it is already of being grateful, especially after 24 consecutive you were uncreating month to month, from September, 2005.

   Good news since for the mortgaged ones, but that nobody takes to trick, that will not pisses that in the next reviews of the quotas of the mortgages, the letters plow going to descend.

   It is necessary to bear in mind that the ascents of the euribor have been very means in the previous months and that the descent that it is had in October is minibadly comparing it with the you were uncreating that him have it precedes.

   The question is that in the review of the mortgage, it is annual, half-yearly or quarterly, the Euribor is still on the value that I reach in these period, for what if that will was uncreating the quota. Although it is clear that the was uncreating of the quota will not be so strong ace the previous ones. Also if the Euribor kept on descending to the same rhythm that you have been rising and managed to be please at the level or below how is life to 3 months, 6 years or 1 year, in future reviews the quota of the mortgage would be supported or even would go down. It will be necessary to wait to know it with certainty.