Mortgaging at a fixed rate seems, at this time, the most prudent option. And it is that the Euribor, which is the index used to calculate the interest on variable mortgages, has skyrocketed this year to reach levels not seen since 2008: its average value in November stood at 2.828% and it is on track to close the month of December with a record of around 3%.
Those who want to contract a fixed mortgage, however, do not always find attractive offers. At the moment, the average interest on these products is around 3.40%, according to data collected by the HelpMyCash.com comparator. In many cases, therefore, signing a fixed-rate mortgage entails paying higher installments than if the interest is variable, at least with the current values of the Euribor.
However, according to the analysts of this comparator, there are still banks that offer fixed mortgages with very low interest; even lower than the value with which the Euribor closed November (2.828%). In addition, without the need to contract excessive associated products, such as insurance or pension funds, which make the loan more expensive in the long term.