The Euribor rate rose this Monday, 12 January, for three- and six-month terms and fell for the 12-month term compared with Friday. With the changes, the three-month rate, which rose to 2.020%, remained below the six-month (2.130%) and 12-month (2.249%) rates. The six-month Euribor rate, which moved to ...
Euribor rate rises at three and six months and falls at 12 months
Monday, 12 January 2026RSS
AI Summary AvailableEuribor moves: short-term rates rise, 12-month softensRead the synthesized summary with context and explainers
View full article on ECORSS source
Context & Explainers
The State guarantee for young people’s mortgages is a targeted government scheme—a €1.2 billion guarantee line launched about a year ago—designed to help younger buyers obtain mortgage credit by lowering bank risk. By the end of November banks had drawn €626 million, so young residents and first‑time buyers may find it easier to secure loans, though banks still set final eligibility and terms.
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.
