Euribor 6/3/2009 (at 12 months)

Forecast of march average: 1,880 (Reliability: 23%)
Oficial value of day 6/3/09: 1,957

(Date format: dd/m/yyyy)
<__date__interest>
02/3/2009 2,025 -0,008 -> Reduction compared prev. day:-0,394%
03/3/2009 2,006 -0,019 -> Reduction compared prev. day:-0,938%
04/3/2009 1,993 -0,013 -> Reduction compared prev. day:-0,648%
05/3/2009 1,981 -0,012 -> Reduction compared prev. day:-0,602%
06/3/2009 1,957 -0,024 -> Reduction compared prev. day:-1,212%
09/3/2009 1,945 Theorical expected value
10/3/2009 1,933 Theorical expected value
11/3/2009 1,920 Theorical expected value
12/3/2009 1,908 Theorical expected value
13/3/2009 1,896 Theorical expected value
16/3/2009 1,884 Theorical expected value
17/3/2009 1,871 Theorical expected value
18/3/2009 1,859 Theorical expected value
19/3/2009 1,847 Theorical expected value
20/3/2009 1,835 Theorical expected value
23/3/2009 1,822 Theorical expected value
24/3/2009 1,810 Theorical expected value
25/3/2009 1,798 Theorical expected value
26/3/2009 1,786 Theorical expected value
27/3/2009 1,773 Theorical expected value
30/3/2009 1,761 Theorical expected value
31/3/2009 1,749 Theorical expected value

This is an example with the interest rate showed above:
A mortgage of 180.000 €.
Quantity added by the bank to the official interest rate: + 0,5
Mortgage years: 30.
The monthly payment will be: 700,04€
Compared one year ago:
Expected monthly savings will be.: 276 €
Expected Yearly savings will be.: 3314 € (-28,29%)

(The monthly payments are calculated using the french metod type)

Note: On right you have a small application where you can calculate your mortgage monthly payment.

Comment: On top right in the link "Euribor rates (1w.-12m)" you will find the 15 types of Euribor, (updated every day around 14:00 hours).

Published date: 06/03/2009 at 11:30

The European Central Bank has reduced again the official interest rates in 50 basic points, and leave the official price of money at 1,50%

Date: 5/3/2009
Source information: ECB (European Central Bank).
Evaluation: Very positive, with the current official interest rate the Euribor (at 12 months) will continuous decreasing to arrive to this range: 1,65-1,85
To emphasize: The Euribor average at 12 months of March will be around 1.9%
Note: The ECB has announced today that has reduced the official interest rates another 50 basis points, leaving the official price of money in the euro zone at 1,50%. In the same way the Bank of England also has reduced the price of money 50 basis points, leaving the price of Pound at 0,50%.

Published date: 5/03/2009 at 14:00

Euribor 5/3/2009 (at 12 months)

Forecast of march average: 1,901 (Reliability: 18%)
Oficial value of day 5/3/09: 1,981

Comments: This forecast has been done taking into account an hypothetic reduction rates of 50 basic points, leaving the official interest rate at 1,5O. If at the end the ECB won't reduce the interest rate, obviously the forecast will be different.

(Date format: dd/m/yyyy)
<__date__interest>
02/3/2009 2,025 -0,008 -> Reduction compared prev. day:-0,394%
03/3/2009 2,006 -0,019 -> Reduction compared prev. day:-0,938%
04/3/2009 1,993 -0,013 -> Reduction compared prev. day:-0,648%
05/3/2009 1,981 -0,012 -> Reduction compared prev. day:-0,602%
06/3/2009 1,970 Theorical expected value
09/3/2009 1,959 Theorical expected value
10/3/2009 1,949 Theorical expected value
11/3/2009 1,938 Theorical expected value
12/3/2009 1,927 Theorical expected value
13/3/2009 1,916 Theorical expected value
16/3/2009 1,905 Theorical expected value
17/3/2009 1,895 Theorical expected value
18/3/2009 1,884 Theorical expected value
19/3/2009 1,873 Theorical expected value
20/3/2009 1,862 Theorical expected value
23/3/2009 1,851 Theorical expected value
24/3/2009 1,841 Theorical expected value
25/3/2009 1,830 Theorical expected value
26/3/2009 1,819 Theorical expected value
27/3/2009 1,808 Theorical expected value
30/3/2009 1,797 Theorical expected value
31/3/2009 1,787 Theorical expected value

This is an example with the interest rate showed above:
A mortgage of 180.000 €.
Quantity added by the bank to the official interest rate: + 0,5
Mortgage years: 30.
The monthly payment will be: 701,99€
Compared one year ago:
Expected monthly savings will be.: 274 €
Expected Yearly savings will be.: 3290 € (-28,09%)

(The monthly payments are calculated using the french metod type)

Note: On right you have a small application where you can calculate your mortgage monthly payment.

Comment: On top right in the link "Euribor rates (1w.-12m)" you will find the 15 types of Euribor, (updated every day around 14:00 hours).

Published date: 5/03/2009 at 11:30