Euribor Sees Biggest Increases of the Year – “Huhhuh!”
22 Articles
22 Articles
Euribor went down today to three months and rose to six and 12 months for new peaks since October and July 2024, after the European Central Bank had raised the leading rates on Thursday. With today's changes, the three-month rate, which fell to 2.661%, continued below the rates to [...]
This is the eighth largest sunrise in the history of the Euribor for the year.
Monday's jump was the third largest of the year.
The European Central Bank's key interest rate hike spurred a rise in the Euribor rate for the year. An expert reassures mortgage borrowers.
The six- and 12-month Euribor rates have reached new peaks since 2024, at a time when the European Central Bank has once again increased its management rates. The six-month Euribor, the most used in housing credits in Portugal, has been set at 2.973%.
The Euribor rates, which directly influence housing credit, are at the highest values in the last two years.
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