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Month: March 2019

Rate: the spread on mortgages with the fixed rate

Rate: the spread on mortgages with the fixed rate

The EURIRS rate is one of the reference financial indices used to calculate the interest to be paid on a loan for the purchase of a property. Like any loan, the loan also requires the recognition of an interest rate to the bank that provides the amount: this rate can be variable (if interested, click here for the trend in mortgage rates ), then linked to the performance of certain international rates, or fixed, which does not change for the…

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Discount rate: variable interest payments

Discount rate: variable interest payments

The ECB discount rate is the reference index for many variable rate mortgages, whose interests follow the trend of this international rate. The discount rate is one of the main tools available to the European Central Bank (ECB) to influence the economy and the performance of the financial markets: it in fact measures the interest rate that the banks pay to borrow money from the ECB for finance its operations, such as loans and mortgages. As a result, the more…

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