Euribor interest rate drops to record low in Finland, prompting Yle to seek mortgage holder experiences

Friday 16th August 2024 on 17:19 in Finland

The common reference interest rate for housing loans, the 12-month Euribor, has hit a record low. According to the Bank of Finland, the rate was 3.117% on Thursday, marking the lowest level since December 2022. This decline in interest rates suggests that borrowers could potentially save more money than before.

Yle, Finland’s national public broadcasting company, is looking for a mortgage holder to interview about the impact of this interest rate drop on their daily life. They invite individuals to share their experiences through a form on their website.

Questions for participants include:
– When was your mortgage interest rate last adjusted?
– How have your loan repayments and total monthly payments changed?
– In what ways has the change in interest rates affected your daily life?

Participants can provide their names, which will not be published without consent. Additional information requested includes age and place of residence, and whether individuals are willing to discuss their situation in further detail during an interview.

For those interested, Yle requests contact details for future communication, emphasizing that responses will not be cited without prior permission.

Source 
(via yle.fi)