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Please find below a selection of news and information relating to the Euribor interest rate, the main reference point for Spanish mortgages.
For the latest rates, updated daily, click here.
23rd February 2015
1 month 0.001%
3 months 0.048%
6 months 0.124%
12 months 0.250%
Interest rates in Spain are calculated using the euribor as the marker. All banks now quote an interest rate of euribor plus a margin.
This margin can vary a lot from bank to bank so you must take care that you understand what the individual bank is quoting. In particular, some banks are now stipulating a 'minimum' interest rate. This will mean that although they will quote you a rate of euribor plus a margin, the minimum will always be adhered to.