Spread The term adopted by banks, meaning not to be underestimated by those who want a loan.
In fact it is the charge that applies to each bank's base rate as profits, rather, the bank buys the money at a price (called the interbank exchange rate) and sells to its customers with a profit margin . 's why when you get a mortgage should consider not the interest rate but the bank that offers you spred your institution.
This year there was a significant increase in banking spreads. A difference of a few months ago in fact, when was quite easy to find spread below 1%, 1% of that now becomes the minimum spread of departure.
Looking at the terms offered by the major Italian banks may have a better idea of \u200b\u200bthe rise in recent weeks: who chooses a 100 thousand euro in funding from variable rate to the bank now pays on average a spread of 1, 34 % against 0.98% in late August, for those who prefer a fixed rate, reloading increased from 0.97% to 1, 37% (+41%).
This increase has clearly limited the benefit that could be obtained following a sharp decline in interest rates. Reasons for this increase in spreads is to identify mainly in the financial crisis that has affected the entire global economy, with serious repercussions on the world of credit.
E 'because of all the physiological and banks, hit by the economic storm, would be more cautious in granting loans and try to restore liquidity and profitability if still possible. The result is an increase in margins on loans through which tends to increase earnings.
It is also not unusual that periods where rates tend to fall will be accompanied by an increase in spreads (and this applies even more for the fixed-rate loans), as if to make a kind di compensazione della quale il cliente non sempre si avvede.
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