Fears of inflation following the rise in oil prices are pushing up Euribor rates, which serve as the benchmark for most home loans in Portugal. Markets are already anticipating a more 'immediate' reaction from the European Central Bank compared to 2022.
Home loan repayments may rise by up to €18 in April, as Middle East tensions pressure Euribor rates
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.
