Euríbor closes April at 2.747% and raises mortgage costs

2026년 04월 30일

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Spain's 12-month Euríbor, benchmark for most variable-rate mortgages, closed April at 2.747%, its highest since September 2024. This marks a 60.4 basis point rise from a year ago, raising average annual mortgage payments by about 600 euros. The increase pressures both variable and fixed-rate mortgages.

The 12-month Euríbor rose 18.2 basis points in April from March's 2.565% to 2.747%, pending confirmation by Banco de España. This is the highest level since September 2024, when it exceeded 2.93%.

For a 150,000-euro variable-rate mortgage over 30 years with a 0.99% spread, the April Euríbor review adds 50.35 euros monthly, or 604.20 euros yearly, per Europa Press calculations. This shows maximum impact for early-stage reviews with substantial principal remaining.

Experts point to strain on the mortgage market. "After a long period of relative containment, the index is once again pressuring variable mortgages amid major international uncertainty," says iAhorro's Laura Martínez. The rise is also pulling up fixed-rate mortgages, with several lenders revising offers higher in April.

HelpMyCash's Miguel Riera notes the Euríbor surged early in the month but later stabilized. Analysts Diego Barnuevo of Ebury and Ricard Garriga of Trioteca expect it to hold at similar levels in coming months, barring shifts in international context or monetary policy.

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America

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Luis Caputo estimates March inflation above 3%

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Homebuyers skeptical of new mortgage rules

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At a viewing on Kungsholmen in Stockholm, prospective buyers express doubts about the new mortgage rules taking effect on April 1. Many believe the relaxations will benefit banks more than buyers and push up prices. It is the last viewing Sunday before the changes.

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2026년 04월 30일 01시 58분

Euríbor closes April at 2.747% and raises mortgage costs

관련 기사

Banco de la República unanimously holds interest rate at 11.25%, defying hike expectations amid government tensions

Swedish banks raise mortgage rates despite unchanged policy rate

Iran war drives up mortgage rates in France

Superfinanciera sets usury rate at 28,17% for May

Luis Caputo estimates March inflation above 3%

Superfinanciera raises usury rate to 25.52% in March

New mortgage rules complicate renovations for low-capital households

Homebuyers skeptical of new mortgage rules

Consultancies raise inflation projections in BCRA's REM survey

Banxico holds interest rate at 7% and adjusts inflation forecast

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