Six and 12-month Euribor rates hit their highest levels in about two years this week. This increase represents a significant milestone for these benchmark indices used in mortgage lending in the eurozone.
The European Central Bank is expected to raise interest rates again this week, in a decision that directly influences Euribor behavior. This move is part of a monetary tightening cycle that has been impacting European markets.
Banks and borrowers are the main parties affected by these changes in Euribor rates, as these are used as a reference for calculating mortgage installments and other loans. The rise in rates implies an increase in monthly payments for debtors.




