Borrowers whose mortgage is up for review next month will only see a reduction in their repayment if their contract is indexed to the 6‑month or 12‑month Euribor. Holders of loans indexed to the 6‑month Euribor will see a slight increase in their repayment. Despite these fluctuations, Euribor rates fell in January across all maturities for the first time in five months. Check your situation.
Euribor rates have fallen again, but not everyone will see their repayment to the bank fall in February
Friday, 30 January 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.
