The Euribor continues through the clouds. Although its value has stagnated slightly in October (around 4.16%), it is still close to its all-time highs. Taking out a variable mortgage, therefore, does not seem like the most convenient option for now: the interest on these products depends on this index and their installments, consequently, are very high.
Is it better then to get a fixed rate mortgage? Most entities have made their fixed mortgages more expensive in recent months, which has placed the average interest on these products above 3.60%. There are three banks, however, that still offer loans of this type with very competitive prices and significantly below the value of the Euribor, according to the financial comparator HelpMyCash.com: Banco Santander, BBVA and COINC.
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