The Lisboeta

Euribor rate falls for three and six months but rises for twelve months

Wednesday, 10 December 2025RSS
Euribor rate falls for three and six months but rises for twelve months

The Euribor rate, the benchmark for mortgage credit, fell on Wednesday for three and six months but rose for twelve months, reaching its highest value for the longer term since April. The three-month rate decreased to 2.082%, down from 2.088% on Tuesday, and remained below the six-month rates.

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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.