The six-month Euribor rate, which is the most used in Portugal for variable rate mortgages, rose and was set at 2.946%. This rate thus reached a new high since October 2024.
Over a 12-month period, the Euribor rate also advanced again, being set at 3.326%. This value represents a new high since August 2024.
Both indicators continue the growth trend that has been verified in recent months, directly affecting borrowers with mortgages indexed to the Euribor.
Portuguese people with variable rate mortgages will feel an increase in their monthly payments, since the six-month Euribor is the most used in this type of loan. This rise represents new highs since October and August 2024, signaling a continuation of the interest rate rise trend that directly affects the cost of loans in Portugal.
This is our short summary of a report published by SIC Notícias on 15 September 2026 at 11:17; the full text stays with the publisher. In our feed it sits under Business. We currently carry 23107 items in that section.
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