Home loan repayments are set to rise. The 3, 6, and 12-month Euribor rates are increasing. In this instance, the 12-month rate saw its largest jump in 18 years. The 3 and 6-month rates show their highest growth since 2023.
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Thursday, 12 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.
