Housing
Euribor rises again for three, six and 12 months
The Euribor rates increased across all three major terms on Tuesday, 20 October: the six-month rate rose to 3.017%, the 12-month rate to 3.245%, and the three-month rate to 2.646%. These rates serve as the basis for the vast majority of variable-rate mortgage contracts in Portugal.
Why it matters
If you have a variable-rate mortgage in Portugal, these daily increases mean your next interest rate adjustment will likely result in higher monthly payments.CNN PortugalRead original ↗
