The euribor rises in August to 2.95%, its highest level in two years
The Euribor, the interbank market reference rate to which most variable-rate mortgages in Spain are linked, has closed the month of August at 2.95%, its highest level since that same month in 2024, when the index stood at 3.169%.
The Euribor, a benchmark interest rate for variable-rate mortgages in Spain, closed August at 2.95%, its highest level since August 2024. This represents an 11-point increase from July and an 84-point increase from August 2025. As a result, a homeowner with a €150,000 variable-rate mortgage over 30 years can expect to pay €70.25 more per month, or €843 per year.
Experts predict that the Euribor will continue to rise, potentially reaching 3% by the end of 2026, depending on the situation in the Middle East and the European Central Bank's monetary policy decisions.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
