Compared to the monthly average of Euribor in January, it decreased at three, six, and twelve months, with a more significant drop at the longer term.
Euribor falls at three and twelve months but rises at six months to a peak since May
Thursday, 5 February 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.
