The Lisboeta

Mortgage interest rates fall for three and six months

Wednesday, 3 December 2025RSS
Mortgage interest rates fall for three and six months

The Euribor rates, which are used to calculate the monthly mortgage payment, decreased this Wednesday for three and six months, but increased for the 12-month term, reaching a new high since early April. The three-month Euribor dropped to 2.029%, down 0.014 points from Tuesday.

View full article on ECO

RSS source

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.