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Euribor Rates Spike Across Europe, Driving Up Mortgage Payments

The 12-month Euribor rate has experienced its most significant daily increase since 2008, rising to 2.93 percent, as Middle East instability fuels volatility in global interest rate markets. The six-month Euribor has also jumped, leading to increased monthly mortgage payments in Estonia and Finland, with a calculation showing the impact on a €400,000 loan.

24 Mar, 15:45 — 24 Mar, 15:45
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err-newsMostly Factual26d ago

Mortgage payments likely to rise as six-month Euribor spikes

The six-month Euribor, tied to many loans in Estonia, recently jumped to 2.5 percent and could rise further this year, driving up monthly mortgage payments in turn.

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Coverage Timeline

First report: yle-uutiset · 24 Mar, 15:43Full coverage: 2 · 2mWindow: 2m
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yle-uutiset24 Mar, 15:43First to report

Euriborin kallistuminen nosti asunto­velallisen kuluja tänään – laskelma näyttää, kuinka kävi 400 000 euron lainalle

err-news24 Mar, 15:45Latest update

Mortgage payments likely to rise as six-month Euribor spikes

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