Euribor rises across all terms; 6-month rate hits highest level since October 2024 · Bica

Housing

Euribor rises across all terms; 6-month rate hits highest level since October 2024

The Euribor rates for three, six, and 12 months all increased on Monday, September 21. The 6-month rate, which is the most common benchmark for variable-rate home loans in Portugal, rose to 2.991%, while the 12-month and 3-month rates reached 3.354% and 2.624%, respectively.

Why it mattersIf you have a variable-rate mortgage in Portugal, these ongoing increases mean your monthly interest payments will likely rise when your loan is recalculated, impacting your household budget.

Observador· 4d agoRead original ↗

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