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6- and 12-month Euribor rates rise and hit October and August 2024 highs
Business

6- and 12-month Euribor rates rise and hit October and August 2024 highs

dnoticias.pt15 September 2026 at 11:13

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.

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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This is our short summary of a report published by dnoticias.pt on 15 September 2026 at 11:13; the full text stays with the publisher. In our feed it sits under Business. We currently carry 23130 items in that section.

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