Top added to the margin loans in euro 3M EURIBOR two years remains at a symbolic level of 0.2-0.3 percent., a month had already fallen even below 0.2 percent. and currently is 0.15 percent.
Source: open finance
There’s good news for repaying loans in euros. The main interest rate in the euro zone fell again. This time of 0.15 percent. to 0.05 per cent.
Cutting interest rates and the decision of buying securities from the market by the ECB, not only lowered the interest rates on loans in euro, but also the strength of the currency.
Commenting Halina Kochalska, Open Finance:
– Interest rates in the euro zone once again beat the record low levels, although the ECB president Mario Draghi swore that further reductions will not. Basic rate fell on Thursday 0.15 to 0.05 percent.
In addition, the central bank of the euro area also decided to purchase securities in the market, and this translates into a weakening of the euro and the fall in prices over Vistula. For more than 110 thousand. Poles support EU currency debt is very good news. Particularly important is the restatement of the euro, because interest rates on loans in the EU currency and already consists almost exclusively of margins.
Top added to the margin loans in euro 3M EURIBOR two years remains at a symbolic level of 0.2 to 0.3 per cent., and the month had already fallen even below 0.2 percent. and currently is 0.15 percent. Meanwhile, most people zaciągało loans in euros in the first half of 2010. While the main interest rate was 1 percent., And 3M EURIBOR 0.7 percent. Lower but were then quotes the EU money.
Summit popularity for loans in the euro took place in 2010., Then in the currency paid was about one-fifth of the money lent on the property. Average rates of the euro in foreksie were then 4.12 zł. A similar level remained until August 2011., To then rise up to 4,6 zł. In 2012. Strong fluctuations in the average was 4.18 zł, in 2013. 4,183 zł. In turn, for more than eight months of this year was 4.17 zł. As can be seen soon after the take out loans in euros, the currency is gone up.
the more enjoy the action of the Governing Council of the European Central Bank, because not only earn a lot of interest, but also weaken the euro. Works the lowering of interest rates, but also the decision to intervene in the market and buying securities, which can be compared with Reprints money.
In the turmoil on the currency market as we see recently include due to the problems of Ukraine, each stimulus astringent exchange rate down is important. Euro will not get more expensive so if they could no moves of the ECB. When Thursday’s average exchange rate was 4,197 zł, today it is 4,189 zł.
Reduced trading euro borrowers will do well, especially those who would like eg. Today to sell bought with the help of the bank’s apartment. The person who borrowed 300 thousand. zł for 30 years with a margin of 2.8 per cent. in euro, in spring 2010. bought 76.6 thousand from the bank. euro. After four years and four months of repayment to donate left her less than 70 thousand. euro. However, due to the difference between the buying and selling currency and the euro trading higher than in 2010., Would still give the bank more than 2 thousand. zł more than borrowed in April 2010. At the height of installment debts in euros but can not complain. Began repayment of more than 1480 zł, now pay 1410 zł, as a customer, which is PLN loan with a margin of about 1 percent.
At the end of June, the Polish debt of housing loans in euros converted to Gold accounted for 29.9 billion zł in the entire pool of loans taken out for housing – 344.2 billion zł – was 8.7 percent. – According to data from the Financial Supervision Commission.
No part or whole songs contained in the log can not be reproduced or further distributed in any form or by any means (including electronic, mechanical or otherwise, or for all fields of use) including copying, broader digitization, photocopying or copying, including posting on the Internet – without the express written consent of Gremi Business Communication. Any use or the use of songs in whole or in part without permission Gremi Business Communication or authors in violation of the law is forbidden under penalty and may be prosecuted.
No comments:
Post a Comment