Home loan payments are set to rise. The Euribor rate is increasing across three, six, and 12-month terms. In the case of the 12-month rate, it has seen its largest jump in 18 years.
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Thursday, 12 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.
