The three-, six- and 12-month Euribor rates rose today, with the longer terms reaching the highest values in about two years. The six-month Euribor rate, which has been the most used in Portugal for variable-rate mortgages since January 2024, reached 2.946% today, up 0.010 points from Monday, setting a new high since October 2024. According to data from the Bank of Portugal for July, the six-month Euribor represented 39.87% of the mortgage market in Portugal. This rise in Euribor rates directly affects consumers with loans indexed to these rates, resulting in higher monthly payments.
Business
6- and 12-month Euribor rates rise and hit October and August 2024 highs
dnoticias.pt15 September 2026 at 11:13
Why this matters
Higher Euribor rates mean higher monthly payments for the thousands of Portuguese families with variable-rate mortgages indexed to this rate. The impact is direct on consumers' wallets, since the six-month Euribor is now the main reference for most new mortgage contracts in Portugal. The article documents an upward trend that directly affects families' financial capacity.
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