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The ECB lowers rates again: cheaper mortgages and more expensive homes are coming.


The lowering of interest rates, announced by the ECB, aims to reactivate the economy and stimulate consumption. In the real estate field, this measure translates into more affordable mortgages, since the Euribor, which influences the variable interest rate of many mortgage loans, tends to fall. This means that home buyers will be able to access more favorable financing conditions. However, it is important to note that other factors, such as inflation and the shortage of homes for sale, could limit the positive impact of this measure. In addition, although variable mortgages become cheaper, fixed mortgages could also experience a slight reduction in their interest rates.

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