I have come accross mortgage based on MIBOR ( Madrid inter bank ….) One of them has been taken out in 2004 i.e. well after the introduction of €/Euribor.
Can you please explain
1) why lenders had based their spread on MIBOR ?
2) Generally is MIBOR higher/lower than Euribor ?
3) What website if any, can provide me the MIBOR rates ???