The Euribor has fallen to 4.022%, but mortgages still become more expensive because a year ago it was lower. Even with the second drop of the year, the median payment increases by 1,200 euros per year. There has been a recent change in trend with the Euribor falling below 4%. They attribute this to the ECB's decision to keep interest rates high. Inflation in the euro zone also declines to 2.4%, mainly due to lower energy prices. Price developments could influence the decline in the Euribor.
