The Euribor rates rose at three, six and twelve months, according to available data. This rise directly affects variable rate loans in Portugal, particularly those related to permanent owner-occupied housing.
The six-month index represents 39.9% of the stock of loans for permanent owner-occupied housing with variable rates. This means that a significant portion of borrowers in Portugal is exposed to fluctuations in this Euribor period.
Consumers with mortgage loans indexed to the six-month Euribor will be affected by this rise in their monthly installments. The evolution of these rates has a direct impact on the family budget of Portuguese people with mortgage loans.




