The twelve-month , the primary indicator for variable mortgage costs, is expected to end October 2026 at approximately 3.2%. This follows a September close of 3.3%, as banks maintain mortgage credit criteria while tightening consumer loans.
Current economic data shows the Consumer Price Index reached 3.8% in September, exceeding the 's 2% target. With oil prices above projections, the ECB, led by , has adjusted interest rates in two of its six 2026 meetings.
analysts forecast a rate hike in December 2026, predicting the deposit facility rate will rise from 2.5% to 2.75%. Market attention now turns to the Eurozone third-quarter GDP data, which is scheduled for publication on Friday, 30 October 2026.