Daily, we publish here on the “Savings Accounts” page the value of Euribor rates for three, six and 12 months. Although daily changes do not have a direct impact on your mortgage loan payment, they are a valuable indicator to understand the trend in the amount payable in the next installments. We hope this is useful information so you always know what to expect in the future.
EURIBOR | May 2, 2024
Euribor rates rose across all maturities this Thursday, still remaining below 4%.
Today, the three-month Euribor increased to 3.853%, plus 0.028 points, as did the six-month rate, which increased to 3.828%, plus 0.033 points compared to Tuesday. In the same direction, the 12-month rate rose to 3.728, 0.032 points more compared to the previous session.
This is the first day of May on which Euribor values are published, due to the May 1st holiday, so there are not yet enough values to present a forecast of what the average will be at the end of the month. Over the next few days, you will be able to follow this evolution in Savings Accounts.
The Euribor varies daily in the various terms, which means that your installment can always increase or decrease every three, six or 12 months, depending on the Euribor rate you have chosen. If you are going to take out a new loan or if you have doubts about whether you should change your current term, check out this article which contains everything you need to know about Euribor.
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