Euribor closes at 1.540%

The twelve-month Euribor rate has closed in November at 1.540%, the highest since June 2009, and this will mean that the December mortgage review will result in increased repayments of around €21 per month (€252 per year) on an average mortgage of €150,000 taken out in November 2009 over a period of 25 years with a spread of 0.25%.

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