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The European Central Bank are dropping the rate to 0.05% now

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The European Central Bank are dropping the rate to 0.05% now

by Glyn » Thu Sep 04, 2014 4:39 pm

The ECB are dropping the rate to 0.05% now. Makes my Mortgage very attractive now.

Glyn: Photo contest winner 2012 - Silver; Posts: 530; Images: 31; Joined: Sat Oct 22, 2011 6:42 am; Location: Hornchurch, Essex and Dona Pepa; Which part of Spain are you from?: dona pepa 2; Gender: Male

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Re: The ECB are dropping the rate to 0.05% now

by 2675andrew » Thu Sep 04, 2014 9:16 pm

is ecb , euro bore rates ? sorry if im a bit dim

2675andrew: Posts: 57; Joined: Mon Dec 24, 2012 5:16 pm; Which part of Spain are you from?: Los pancho

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Re: The ECB are dropping the rate to 0.05% now

by Glyn » Fri Sep 05, 2014 2:16 pm

The ECB is the European Central Bank much the Bank of England. The Eurobor Rate appears a tadge higher but is reflected by the ECB lending rates.

Glyn: Photo contest winner 2012 - Silver; Posts: 530; Images: 31; Joined: Sat Oct 22, 2011 6:42 am; Location: Hornchurch, Essex and Dona Pepa; Which part of Spain are you from?: dona pepa 2; Gender: Male