The conflict in Iran has triggered market expectations of Eurozone interest rate hikes to combat inflation, leading to the largest Euribor increase in three years and higher home loan costs for April.
Euribor sees biggest jump in three years, increasing home loan repayments in April
Tuesday, 31 March 2026RSS
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.
