Euribor rates moved unevenly: the three‑month rate fell to 2.029% while the six‑ and 12‑month rates rose to about 2.155% and 2.259% respectively. The split matters for borrowers with short‑term or variable‑rate mortgages and for banks’ funding costs; those with mortgage reviews or upcoming repricing should check which Euribor tenor their loan follows. Homeowners and prospective buyers should speak with lenders to understand near‑term payment impacts.
Euribor mixed: short‑term falls, longer terms tick up
Monday, 19 January 2026AI summary
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.
