Marios, that’s a great online resource you’ve found there. In future I’ll be going to the Bank of Finland website for the latest info on Euribor movements.
But things aren’t that advanced in Spain. Many, if not most banks use the official average Euribor rate for the preceding month when recalculating mortgage rates. The 12-month Euribor rate banks are using at the moment stands at 2.684%, which was the November average, so that will soon go up to reflect the latest increases (probably 2.783% – to be confirmed by the Bank of Spain). I read in the local papers yesterday that repayments on the average Spanish mortgage are up by around 5.4%.
Recent Euribor rates used by banks in Spain as follows:
If you have a variable rate mortgage, you have to expect the interest rate you pay to rise in line with Euribor.