1.283% on 15th May, 2012
Evolution of the Euribor: On the 15th May we have got 10 Euribor values taking into account the total of days bank have been active. If May closed at this value, the Euribor would be 1.283%, which means 0.864 points less compared with the Euribor of May last year.
How does this value affect mortgages:
If the Euribor closed at the end of May with an average value of 1,283%, the monthly mortgage rate would be 49,70 euros less for a mortgage of 120,000 euros with a period of 20 years, being its annual revision due in May.
Source: www.hipotecasyeuribor.com