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 10, 2024
Euribor rates rose at three and 12 months, but fell within six months. Still, they remain below 4%.
Today, the three-month Euribor rose to 3.818%, plus 0.012 points, as did the 12-month rate, which increased to 3.629%, plus 0.001 points. Conversely, the six-month rate fell to 3.789%, 0.013 points less compared to Thursday.
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 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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