Euribor provides new relief on housing loans: most-used rate drops again

The 6-month Euribor, the most commonly used rate for variable-rate mortgages in Portugal, fell to 3.074% on Wednesday, while the 12-month rate dropped to 3.329%. The 3-month rate remained stable at 2.617%. These rates are set based on interbank lending in the Eurozone, with the European Central Bank's next monetary policy meeting scheduled for October 28-29.