Euribor closed at a rate of 1,24% in October. This means that for a 20 year mortgage revised in October of around 120.000 euros which would bring down the monthly payments in approx. 249,80 euros.
This Euribor rate has experienced a drop of - 4,005 points in respect of October 2008 , Euribor.
The average value forecast for November 2009 is of 1,237%.







