The European Central Bank will have a decision on interest rates next week, but still lacks data on March inflation. Mortgage repayments may already feel the consequences of the attack on Iran in April, but the effects will only be significant if the instability continues.
Attack on Iran puts pressure on Euribor rates and threatens home loan repayments
Wednesday, 11 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.
