The Eurobor Exceeds 3% for the First Time in Two Years and a Rise in Mortgages of up to 1,600 Euros Is Progressing
26 Articles
26 Articles
Variable mortgages with annual review that are updated in September will pay 76 euros more per month (911 euros more per year).
The Euribor rate returned this Friday, August 21, to rise to three, six and 12 months before Thursday, reaching the highest values in more than a year and a half. In the case of the six-month Euribor, which passed in January 2024 to be the most used in Portugal in housing credits with variable rate, the rate recorded today was 2.765%, which means an increase of 0.028% against the previous one. This is also the highest value of this indicator sin…
The prospect of a further rise in interest rates by the ECB led the Euribor rates to rise again this Friday, reaching the highest values in more than a year and a half.
Consolidation of the upward trajectory of 2026. Inflationary pressures caused by energy markets, behind the phenomenon. More information: The rise in ECB rates leads to 3% at the end of the year and does not affect (yet) the mortgage business
The situation in the Middle East is not moving forward, energy prices are slowing down, inflation is moving away from the objective of the European Central Bank (ECB) and the next ones to notice this situation in their pocket will be households with a variable mortgage.The eurobor, the main indicator to review them, has exceeded 3% in daily rate for the first time this Friday for almost two years, since September 2024.In the absence of more than…
The indicator scale already on monthly average to 2.94 per cent, well above the 2.11% with which it closed the same month last year
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