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EURIBOR RATE |
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Interest payable in many European countries follows the Euribor rate. When the Euribor rate increases, so do interest payments and vice versa.
If a client selects an adjustable interest rate they will be told that payment is made according to the Euribor rate (usually 1 or 3 month rate) plus a fixed commission.
As an example, the mortgage might read Euribor rate +1%.
Lenders also use the Euribor rate to calculate savings and loans.
View the table below for the latest Euribor rate:
| Euribor rates | |
The tables below track the yearly Euribor rate.
They show current and historical Euribor rates to give you an idea of the trend.
| Euribor 12 months - current year |
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| Euribor 12 months - historical |
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Euribor rate courtesy of HomeFinance
