Housing
Euribor rates jump 35% due to the war
Euribor rates, which determine mortgage payment calculations, have risen between 25% and 35% due to the war in the Middle East. Markets anticipate that the European Central Bank may increase key interest rates again in September.
Why it matters
If you have a variable-rate mortgage (taxa variável) in Portugal, you should expect your monthly payments to increase as your bank adjusts your loan based on these rising Euribor rates.Correio da ManhãRead original ↗
