Tag Archives: mortgage

Where your bank gets your mortgage

bank, mortgage, loan

Euribor is the interest rate at which a large number of European banks do provide short term loans to each another. The Euribor (Euro Interbank Offered Rate) was first published on Dec 30, 1998 before the introduction of the EUR as a currency on Jan 1, 1999 (see chart below). Banks which borrow money from other banks can use these …

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