3mth future stats

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davidjp

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Can anybody point me to a statistics / chart page that indicates 3 month euribor futures

Thanks
 
I have an apartment in Spain on a mortgage 12 mth Euribor+1.2
The bank have just offered a fixed rate which looks to be based on 2,23%+1.2
I understand the 3 month future is a good indicator of where the rate is going, so would I be better taking their fixed plus fees or hanging on on original deal.
So thats what I am trying to find out
 
davidjp said:
I have an apartment in Spain on a mortgage 12 mth Euribor+1.2
The bank have just offered a fixed rate which looks to be based on 2,23%+1.2
I understand the 3 month future is a good indicator of where the rate is going, so would I be better taking their fixed plus fees or hanging on on original deal.
So thats what I am trying to find out
Click to expand...



LOL, if a bank offerd me a long term mortgage fixed +1.2 above ECB i would take it rather than a floating tracker.
 
Its just for 3 years and will cost me 3k in fees and then goes back to euribor +1.2 but it is nearly 1/2 of what I am now paying.
I notice euribor has had some sever ups and downs in the last 5 years so do you recon this is about as low it will go
 
davidjp said:
Its just for 3 years and will cost me 3k in fees and then goes back to euribor +1.2 but it is nearly 1/2 of what I am now paying.
I notice euribor has had some sever ups and downs in the last 5 years so do you recon this is about as low it will go
Click to expand...

prob wont go much lower in the ECB, 25Bp next month, including the fee (€3000) do you still save money over the fixed term?
 
They are still taking from us as if euribor were 5% so if they keep that up for very long, yes there will be a good saving; but at some point they must review - probably July - I've understood it is averaged out, so if they keep in th 4&5% of middle of last year plus now rates now it might still average out at say 3.5 and thta would be higher than the fixed on offer
PS what do you mean by 25Bp
 
PS what do you mean by 25Bp[/QUOTE]


ECB to cut by 25 basis points next month, a quarter of 1 percent.
 
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