At the same time in the United States, mortgage rates have hit another historic low with 30-year rates of 3.66% for 30-year mortgages.
La Jolla, CA (PRWEB) June 30, 2012
As interest rates again hit historic lows, Italy and Spain will face off in the European Football Championship commonly known as Euro 2012.
Tobias Nergarden, European real estate investor and founder of Real Estate Marketing Insider, prepares to again begin investing in real estate at the same time as the European Football (Soccer) Final.
Italy and Spain will face off at Kiev's Olympic Stadium 21 days after the opening of the tournament during which they tied. Spain won last year’s title, and is gaining on Germany's record of being the European champion team three times.
Spain has never lost a European cup championship since 2004. This match-up comes while the Spanish economy is still faltering, and Europe's financial outlook has seen better days.
This final comes on Sunday in Kiev after 30 games have taken place. Spain is trying to win their third consecutive European Football Championship title.
On Friday, in Brussels, Euro zone leaders, under the urging of both Italian and Spanish leaders to ease the cost of lending, complied and lowered the cost for Spain to borrow money.
The move amongst other things allows individual country banks to borrow money without raising the country’s national debt.
European Council chairman, Herman Van Rompuy, was quoted as saying, "We are opening the possibility to countries that are well behaving to make use of financial stability instruments in order to reassure markets and to get again some stability around some of the sovereign bonds of our member states."
At the same time in the United States, mortgage rates have hit another historic low with 30-year rates of 3.66% for 30-year mortgages.
Millbanks.com, an online estate agent in the UK, stated that there has been a tremendous surge in real estate activity. This offers some promise that there may be some signs of the European economy starting to move.
The Euro Soccer final on Sunday has the potential to both inspire the individuals, and spur the economy in Spain toward recovery. With a potential improvement in the European financial recovery, it may spur on the U.S. economy to continue and accelerate its current recovery.
Tobias Nergarden, European real estate investor, now living in the U.S. is now bullish on the U.S. real estate market, and is beginning to invest in U.S. real estate. Nergarden is currently evaluating and about to enter the U.S. condominium market.
About Real Estate Marketing Insider:
Real Estate Marketing Insider is a daily online publication written by, Tobias Nergarden, a swedish born self-made real estate marketing guru, located in La Jolla, CA providing marketing analysis, trend reports and insider news for real estate professionals
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