Tag Archives: mortgage lending

Euribor rates move in different directions across key maturities

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Euribor rates moved in different directions during the session: the six- and 12-month benchmarks fell compared with the previous day, while the three-month rate rose. This divergence confirms that the various maturities do not always react uniformly to market expectations.

Euribor is a key benchmark for many credit agreements, particularly variable-rate mortgages. As a result, movements in each maturity may affect repayments differently, depending on the benchmark and review date specified in the agreement.

A single daily change does not, on its own, determine the medium-term trend. To assess the impact on household expenses, it is important to consider the cumulative movement in rates and confirm the specific terms of each loan.

Are interest rates affecting your financial or business decisions? Contact us to assess the best options: https://ztlm.eu/en/contacts/

Mortgage lending grows at fastest pace in more than two decades

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The total amount of outstanding loans for house purchases reached €118.021 billion in July. Compared with the same period of the previous year, growth stood at 11%, the highest annual rate recorded since February 2003.

This development shows a marked acceleration in mortgage lending and once again places this segment at the centre of banking activity. The increase in the outstanding balance reflects the net effect of new lending, repayments and other movements in financial institutions’ portfolios.

For households, banks and property professionals, this indicator warrants close monitoring, as it helps to explain the dynamics of home purchase financing. Future developments will depend, among other factors, on access to credit, borrowing costs and demand in the housing market.

Are you planning to buy a home, invest in property or assess the impact of financing? Contact us for accounting, tax and financial support: https://ztlm.eu/en/contacts/