Bankinter again lowers minimum spread on home loans to 0.75% – Banca & Financeira

The increase in Euribor rates, and the consequent exposure of families to cost increases, has led banks to launch new campaigns to attract customers from other institutions.

In addition to a new minimum spread for home loans, Bankinter adds in a statement that it has revised downwards most spreads for new home loan operations and “now also makes available the three-month and six-month Euribor, together with the Euribor to 12 months, for clients’ total flexibility in choosing their variable rate index”.

In the note, the bank indicates that it also lowered the two-year promotional fixed rate, “which drops from 3.50% to 3.00%, for proposals created between May 9 and 31, 2023 and carried until August 31 of the same year”.

These conditions, underlines Bankinter, are available to customers who intend to buy a house and to customers with mortgage loans from other banks “who want stability and a reduction in their monthly installment”.

“The changes to the grid of spreads, fixed promotional rates and variable rate indexes are part of Bankinter’s strategy regarding support for the implementation of family projects, seeking to provide advantageous, competitive and adequate solutions to the needs of customers and the economic environment. “, says Vítor Pereira, Director of Products, CRM, Marketing and Digital Channels and Member of the Executive Committee of Bankinter.