Latest news and stories about euribor in property in Portugal for expats and residents.
Bárbara Barroso, from “Moneylab”, explains what may be at stake for Portuguese families with the expected increases in the Euribor rate, caused by the conflict in the Middle East.
The Euribor rate rose today for the second consecutive session at three, six and 12 months compared to Thursday.
Euribor rates, which serve as the basis for calculating home loan repayments, have risen again across the main maturities. These rates have been worsening since the start of the conflict in Iran due to fears that the central bank will have to raise interest rates to contain inflationary pressures that may arise from it.
Fears of inflation following the rise in oil prices are pushing up Euribor rates, which serve as the benchmark for most home loans in Portugal. Markets are already anticipating a more 'immediate' reaction from the European Central Bank compared to 2022.
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.
Home loan payments are set to rise. The Euribor rate is increasing across three, six, and 12-month terms. In the case of the 12-month rate, it has seen its largest jump in 18 years.
The six-month Euribor rate became the most used in Portugal for variable-rate mortgage loans in January 2024.
The Euribor rate fell sharply this Wednesday for three, six, and 12 months compared to Tuesday. With these changes, the three-month rate, which dropped to 2.122%, remained below the six-month (2.173%) and 12-month (2.369%) rates. The six-month Euribor rate, which in January went from...
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.
The Euribor rate rose this Tuesday for the three, six, and 12-month terms compared to Monday, with the longest term reaching its highest level since January 2025. With these changes, the three-month rate, which advanced to 2.138%, remained below the six-month (2.295%) and 12-month (2.552%) rates.
The six-month Euribor rate, which became the most used in Portugal for variable-rate mortgage loans in January 2024, rose this Tuesday.
The Euribor rate rose today at three, six and 12 months compared to Monday, reaching its highest level since January 2025 for the longest term.
The rate also rose for three and six-month terms
The article reports that the Euribor interest rates for 3, 6, and 12 months have increased, reaching their highest levels since January 2025. Specifically, the 6-month Euribor rose to 2.295%, a 0.117 percentage point increase from the previous day, and is now the most used rate in Portugal for variable-rate mortgage loans. The 12-month Euribor also increased to 2.552%, marking a new maximum since January 2025. The 3-month rate rose to 2.138%. These rate hikes reflect ongoing monetary policy adjustments by the European Central Bank (ECB), which maintained its key interest rates in its latest meeting. The rise in Euribor rates impacts Portuguese mortgage borrowers with variable-rate loans, as these rates are based on interbank lending rates among eurozone banks.
Oil prices have risen and continue to climb, which brings a potential inflationary crisis onto the horizon
Simulations are based on a scenario with financing of 150,000 euros over 30 years and a spread of 1%.
Loans to be reviewed in March and linked to the three and 12-month Euribor have seen another decrease in repayments. However, with the six-month rate, repayments rise slightly.
Euribor rates, which serve as the benchmark for variable-rate mortgage loans, rose this Tuesday across all maturities. With these changes, the three-month rate, which climbed to 2.029%, remains below the six-month (2.161%) and 12-month (2.225%) rates. The six-month Euribor rate, which in January ...
Households with mortgages tied to the six-month Euribor — the most commonly used term — will see their monthly instalments increase in February. The change raises borrowing costs and is likely to squeeze household budgets as loan repayments climb.
Rate rises for the 3- and 6-month tenors but falls for the 12-month tenor.
The Euribor rate rose today for the three- and six-month terms and fell for the 12-month term compared with Thursday, and ends January with averages declining across all three maturities.
Borrowers whose mortgage is up for review next month will only see a reduction in their repayment if their contract is indexed to the 6‑month or 12‑month Euribor. Holders of loans indexed to the 6‑month Euribor will see a slight increase in their repayment. Despite these fluctuations, Euribor rates fell in January across all maturities for the first time in five months. Check your situation.
In early February more than 30% of households with variable-rate mortgages will see repayments fall as contracts indexed to the 3‑ and 12‑month Euribor are re‑set lower. However, borrowers tied to the 6‑month Euribor face higher payments, producing a mixed outcome across the mortgage stock. The distribution of effects depends on contract type and review timing: short‑term indexers and recently re‑set trackers gain immediate relief and some boost to disposable income, while those on six‑month fixings — and borrowers nearing the end of introductory fixed deals — may experience pressure on household budgets. The divergence highlights how small shifts in short‑term money‑market rates can materially alter household cashflows, influence refinancing demand and sales in the property market, and shape borrower decisions about switching to longer fixed rates. Policy and money‑market expectations for Euribor through the year will determine whether the February moves are temporary relief or the start of a sustained trend.
Despite Euribor edging down to around 2%, many borrowers remain cautious: mixed-rate mortgage deals continue to dominate both new contracts and renegotiations, and some households are choosing to extend the fixed portion of their repayments rather than switch to variable rates. Mortgage brokers are playing a growing role, advising on re-fixing instalments, comparing mixed vs fixed options, and arranging refinancing to manage payment certainty amid ongoing market uncertainty.
