The monthly average of the Euribor rate registered an increase in August for terms of three, six and 12 months. This increase directly affects mortgage borrowers who have variable components in their installments.
The Euribor rate is an essential element in calculating most installments in variable-rate mortgage loans. When Euribor rises, monthly payments of borrowers tend to increase.
The article does not specify the actual rate values nor the exact financial impact on consumer installments. This is a trend that has been monitored by those with mortgages indexed to Euribor.
The increase observed in August maintains the upward trend in interest rates that has characterized recent periods, affecting the wallets of Portuguese people with mortgage loans.



