Home loan rates rise again across all maturities

Friday, 13 March 2026RSS
Home loan rates rise again across all maturities

Euribor rates, which serve as the basis for calculating home loan repayments, have risen again across the main maturities. These rates have been worsening since the start of the conflict in Iran due to fears that the central bank will have to raise interest rates to contain inflationary pressures that may arise from it.

Context & Explainers

Euribor (Euro Interbank Offered Rate) is the benchmark interest rate at which European banks lend to one another and is widely used as the reference for variable‑rate mortgages in Portugal. Changes affect monthly payments directly: the recent figures reported were 2.034% (3‑month), 2.104% (6‑month) and 2.255% (12‑month), so a rising Euribor typically increases costs for borrowers with tracker or variable loans.

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