{"id":33786,"date":"2023-01-13T14:24:38","date_gmt":"2023-01-13T13:24:38","guid":{"rendered":"https:\/\/www.cbleon-abogados.com\/rising-euribor-a-problem-that-worries-many-people\/"},"modified":"2023-01-13T14:24:38","modified_gmt":"2023-01-13T13:24:38","slug":"rising-euribor-a-problem-that-worries-many-people","status":"publish","type":"post","link":"https:\/\/cbleon-abogados.com\/en\/rising-euribor-a-problem-that-worries-many-people\/","title":{"rendered":"Rising Euribor, a problem that worries many people"},"content":{"rendered":"<p><span style=\"color: #000000;\">The rise of the Euribor has been a problem that has affected hundreds of mortgagors. Like any type of currency, the Euribor is an economic index that manages the different amounts and levels of loans to be made between banks.<\/span><\/p>\n<p><strong><span style=\"color: #000000;\">As the prices of everything around us go up, so do interest rates, loans and everything else that depends on the world market. That is why the worrying situation that the rise of the Euribor is experiencing is worrying many people.<\/span><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-white ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Tabla de Contenidos<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/cbleon-abogados.com\/en\/rising-euribor-a-problem-that-worries-many-people\/#Rising_Euribor_What_is_Euribor\" >Rising Euribor: What is Euribor?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/cbleon-abogados.com\/en\/rising-euribor-a-problem-that-worries-many-people\/#What_is_the_Euribor_for\" >What is the Euribor for?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/cbleon-abogados.com\/en\/rising-euribor-a-problem-that-worries-many-people\/#Advantages_and_disadvantages_of_Euribor\" >Advantages and disadvantages of Euribor<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/cbleon-abogados.com\/en\/rising-euribor-a-problem-that-worries-many-people\/#The_Euribor_hike_and_everything_you_need_to_know_about_it_here\" >The Euribor hike and everything you need to know about it here<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Rising_Euribor_What_is_Euribor\"><\/span><strong><span style=\"color: #000000;\">Rising Euribor: What is Euribor?<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"color: #000000;\">Before knowing about the Euribor Rise, you should know that the Euribor is an economic index that has been very popular lately; it refers to the price at which the different European banks lend money to each other. Just as people go to the bank for loans, banks also borrow and lend to each other in different amounts when required.<\/span><\/p>\n<p><span style=\"color: #000000;\">In simple terms, the Euribor is a benchmark index that is published every day and indicates the average interest rate used by a number of European banks. That is why, with the rise of the Euribor, many find a great concern regarding their investments and requested loans.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Euribor_for\"><\/span>\n<strong><span style=\"color: #000000;\">What is the Euribor for?<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #000000;\">When you think about buying a house or real estate, you don&#8217;t always have enough money to carry out the transaction. That is why applying for a mortgage is a great opportunity for those who want to start building their home. The bank is in charge of investigating our profile and whether or not to grant us a certain percentage of the final value of the property, which we must return in due time and form.<\/span><\/p>\n<p><span style=\"color: #000000;\">In these cases is when the Euribor begins to act; to calculate the appropriate method to measure the correct interest rate of the loan to be granted. In this way, interest amounts are generated depending on each particular situation, taking into account the economic context of the moment.<\/span><\/p>\n<figure id=\"attachment_33784\" aria-describedby=\"caption-attachment-33784\" style=\"width: 1280px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-33782 size-full\" src=\"https:\/\/www.cbleon-abogados.com\/wp-content\/uploads\/2023\/01\/Ventajas-y-desventajas-del-Euribor.jpg\" alt=\"Advantages and disadvantages of Euribor\" width=\"1280\" height=\"854\" srcset=\"https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2023\/01\/Ventajas-y-desventajas-del-Euribor.jpg 1280w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2023\/01\/Ventajas-y-desventajas-del-Euribor-300x200.jpg 300w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2023\/01\/Ventajas-y-desventajas-del-Euribor-1024x683.jpg 1024w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2023\/01\/Ventajas-y-desventajas-del-Euribor-768x512.jpg 768w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2023\/01\/Ventajas-y-desventajas-del-Euribor-370x247.jpg 370w, https:\/\/cbleon-abogados.com\/wp-content\/uploads\/2023\/01\/Ventajas-y-desventajas-del-Euribor-760x507.jpg 760w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><figcaption id=\"caption-attachment-33784\" class=\"wp-caption-text\">Advantages and disadvantages of Euribor<\/figcaption><\/figure>\n<h3><span class=\"ez-toc-section\" id=\"Advantages_and_disadvantages_of_Euribor\"><\/span>\n<strong><span style=\"color: #000000;\">Advantages and disadvantages of Euribor<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #000000;\">As with any type of exchange currency, or anything related to money, there is constant change. Therefore, there are several advantages and disadvantages that we can find regarding the use and management of Euribor. Here are two advantages and two disadvantages:<\/span><\/p>\n<p><span style=\"color: #000000;\">One of the biggest advantages is the low interest rates. Although it depends on the economic context in which it is managed, the monthly interest payment usually tends to decrease.<\/span><\/p>\n<p><strong><span style=\"color: #000000;\">Another advantage is the extended terms offered. This is a very flexible and affordable option for most people to repay the loan.<\/span><\/strong><\/p>\n<p><span style=\"color: #000000;\">Regarding the disadvantages, one of them is the variation it presents. If there is an <a href=\"https:\/\/www.diariojuridico.com\/medidas-para-apaliar-la-subida-del-euribor\/\" target=\"_blank\" rel=\"noopener\">upward<\/a> trend <a href=\"https:\/\/www.diariojuridico.com\/medidas-para-apaliar-la-subida-del-euribor\/\" target=\"_blank\" rel=\"noopener\">in the Euribor<\/a>, the value of the installments will inevitably rise as well.<\/span><\/p>\n<p><span style=\"color: #000000;\">Another disadvantage is the uncertainty generated by constant change. As these are long maturities, it is almost impossible to calculate and anticipate the behavior of the Euribor in the future.<\/span><\/p>\n<p><span style=\"color: #000000;\">This new way of dealing with interest has its advantages and disadvantages, like everything else. It is worth clarifying that, in recent times, the Euribor is one of the most widely used methods for generating interest.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_Euribor_hike_and_everything_you_need_to_know_about_it_here\"><\/span>\n<strong><span style=\"color: #000000;\">The Euribor hike and everything you need to know about it here<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #000000;\">Now that you know all about the Euribor and the way it works in European commerce, you can understand what you are paying and how.<\/span><\/p>\n<p><span style=\"color: #000000;\">In case you still need advice on the subject, you can contact a legal advisor in legal services. A lawyer specialized in <a href=\"https:\/\/www.cbleon-abogados.com\/servicios\/servicio-derecho-inmobiliario\/\">real estate<\/a> and construction, who will help you with his years of experience in the market, to take advantage of the best opportunities.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rise of the Euribor has been a problem that has affected hundreds of mortgagors. Like any type of currency, the Euribor is an economic index that manages the different amounts and levels of loans to be made between banks. As the prices of everything around us go up, so do interest rates, loans and everything else that depends on&hellip;<\/p>\n","protected":false},"author":5,"featured_media":33779,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_joinchat":[],"footnotes":""},"categories":[170],"tags":[],"class_list":["post-33786","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/posts\/33786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/comments?post=33786"}],"version-history":[{"count":0,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/posts\/33786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/media\/33779"}],"wp:attachment":[{"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/media?parent=33786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/categories?post=33786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cbleon-abogados.com\/en\/wp-json\/wp\/v2\/tags?post=33786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}