Bank of Portugal data for November indicate that the six‑month Euribor accounted for 38.6% of the outstanding stock of loans for owner‑occupied permanent housing with variable rates.
Euribor rates unchanged at three months, down at six months and up at 12 months
Monday, 26 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.
