HI All,
Just a quick question when the ECB went negative the bank set the ECB rate to zero. so I had a ECB + 0.75 % rate of mortgage.
Now that the ECB have increased rates they have moved the rate straight to 1.25% which is not the margin ECB + 0.75
Am I missing something
Just a quick question when the ECB went negative the bank set the ECB rate to zero. so I had a ECB + 0.75 % rate of mortgage.
Now that the ECB have increased rates they have moved the rate straight to 1.25% which is not the margin ECB + 0.75
Am I missing something