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More than a third of families with mortgage loans see house payments rise in December

Saturday, 29 November 2025RSS
More than a third of families with mortgage loans see house payments rise in December

For thousands of families, the month of December brings an unwanted gift: the end of the decrease in house payments. For the first time since January of last year, holders of variable-rate mortgages indexed to the 3 and 6-month Euribor, whose contracts are reviewed in December, will see [...]

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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.