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Euribor at lowest level for eight months.
Against the trend of bad news in the financial markets, the Euribor fell again to 4.381% (22.01.08). This is well below the rate at the end of 2007 where the rate had spiked to 4.79%.
The Euribor hasn't been under 4.4% since May of 2007 when it was 4.392%. Many analysts feel that the Euribor is affected by the current credit crisis and this may well lead to the European Central Bank (ECB) reducing interest rates from its current 4% mark. Rate cuts from the Federal Reserve in the USA and cash injections by the ECB have gone someway to alleviate the current situation.
Against the trend of bad news in the financial markets, the Euribor fell again to 4.381% (22.01.08). This is well below the rate at the end of 2007 where the rate had spiked to 4.79%.28/01/2008
Despite starting the year well with property prices rising in all Spanish regions,2007 has ended in December with prices 0.28% below where they started in January. According to Facilisimo.com, the region of La Rioja has been the worst affected, dropping 11.08% to 2159€/m2 , Madrid and Barcelona haven't avoided the falls dropping 2.38% to 3479€/m2 and 3.05% to 3777€/m2 respectively. 05/01/2008
The Euribor, the Central European Bank's base lending rate, is set to close the month of November at 4.60%.02/12/2007
The Deutsche Bank have issued a report on the Spanish economy entitled Spain 2020, the success story continues.22/11/2007
Resale property prices have fallen for the third consecutive month in thirteen Spanish regions including the province of Malaga.22/11/2007
Fantastic new property investment just released in the Dominican Republic. This product, previously only available to the Spanish investment market is now available through Garratt Homes.22/11/2007
Situadas en la privilegiada Marbella, en la zona de Cabopino, esta viviendas residenciales de alta calidad y orientadas al sur, gozan de unas fantásticas vistas al mar. Los amantes del golf pueden también elegirlas con vistas a Cabopino Golf (Par 71). Los precios standard oscilan entre los 415,000€ y los 515,000€. Estas maravillosas viviendas de lujo pueden comprarse a un precio increíble que va desde los 350,000€ a los 415,000€.22/11/2007
The Euribor, the Central European Bank's base lending rate, is set to close the month of October at 4.65%.30/10/2007