Housing
Euribor drops at three and 12 months and holds at six months
The 3-month Euribor fell to 2.614% and the 12-month rate dropped to 3.308%, while the 6-month rate held at 3.013%. These rates determine variable-rate mortgage payments across Portugal, where the 6-month Euribor remains the most widely used index.
Why it mattersIf you have a variable-rate mortgage linked to these terms, your next monthly payment will adjust depending on which rate your contract follows.
Correio da ManhãRead original ↗
