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…