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Jul 121 min read

Euribor rates sharply fall. Rate for 3 months renews minimum of one year.



The rates that serve as a reference for housing credit contracts continue to fall, with the expectation that the ECB will make several cuts in policy rates by the end of the year.



The three-, six- and 12-month Euribor rates fell again compared to the previous day, with the three-month rate reaching the lowest since July 20, 2023.

With today's changes, Euribor remained at very close values, but the three-month rate, which fell to 3.664%, remained above the six-month rate (3.662%) and the 12-month rate (3.564%). .

  • The six-month Euribor rate, which became the most used in January in Portugal for housing loans with variable rates and which was above 4% between September 14th and December 1st, dropped today to 3.662%, minus 0.014 points , after having reached 4.143% on October 18, a maximum since November 2008.

  • Within 12 months, the Euribor rate, which was above 4% between June 16 and November 29, also fell today, to 3.564%, 0.031 points less than in the previous session, against the maximum since November 2008. of 4.228%, recorded on September 29th.

  • In the same sense, the three-month Euribor fell, being set at 3.664%, minus 0.021 points and a new minimum since July 20, 2023, after having risen to 4.002% on October 19, a maximum since November 2008.




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