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 8, 2024
Euribor rates fell at six and 12 months, but rose again within three months. Still, they remain below 4%.
Today, the three-month Euribor rose to 3.814%, plus 0.026 points. Conversely, the six-month rate fell to 3.795%, 0.007 points less than Tuesday, as well as the 12-month rate, which fell to 3.642%, 0.005 points less than the previous session.
The month is still at the beginning, but every day Contas-poupança monitors the changes in Euribor and makes a forecast of what the final average of the month will be.
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 questions 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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