The Euribor resumes its downward cycle in the month of February. After starting the year with a monthly average of 2.52%, interest rates in the Eurozone close the month of February at an average of 2.40%.
Thus, its downward trend is consolidated and marks a significant reduction compared to the 3.62% registered in February 2024, which translates into a notable relief for those mortgaged with variable-rate loans with annual review.
With this decrease, its monthly payment in more than 150 euros for an average mortgage of 150,000 euros, according to the calculations disseminated by the company Tu Solución Hipotecaria, specialized in financial intermediation at the mortgage level.
Ricardo Gulias, CEO and founder of the company, highlights that "this decrease has a direct impact on the economy of many families, representing a financial relief that translates into more liquidity for consumption or greater economic stability despite the increase of one tenth in inflation in the past month of January."
In its daily closing price, the Euribor has fluctuated during the last weeks between 2.43% and 2.35%, reaching its lowest level since September 2022.
The company specialized in mortgages also highlights an "exceptional situation in the market, since during the last months of 2024 and the beginning of 2025, mortgages have been signed below the price of money, something unprecedented until now."
"We find the price of money at 2.75%, the Euribor at an average of 2.42%, and yet, we see fixed mortgages from 1.80% TIN, mixed mortgages from 1.25% TIN and options without any type of linkage at 2.15% or 2.25%", explains Gulias.
