[#Euribor]() #Mortgages [#ECB]() #EurozoneEconomy #InterestRates # Euribor expected to drop to 3.2% in October 2026 29 October 2026 at 14:30 > The primary mortgage indicator falls as the ECB balances high inflation and oil prices ahead of a potential December interest rate hike. The twelve-month **Euribor**, 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 **Eurozone** banks maintain mortgage credit criteria while tightening consumer loans. Current economic data shows the Consumer Price Index reached 3.8% in September, exceeding the **European Central Bank**'s 2% target. With oil prices above projections, the ECB, led by **Christine Lagarde**, has adjusted interest rates in two of its six 2026 meetings. **Pimco** 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. ## Related news #SelfBank #Savings #InterestRates [#Banking]() [#Finance]() 24 October 2026 at 09:37 ## [Self Bank launches 3.05% TAE welcome deposit]() > Self Bank introduces a three-month welcome deposit at 3.05% TAE for new and existing customers transferring funds from other entities. [#ECB]() #HernandezDeCos [#SpainPolitics]() #Brussels #Eurozone 15 October 2026 at 12:05 ## [Feijóo to back Hernández de Cos for ECB presidency]() > PP leader Alberto Núñez Feijóo will endorse the former Bank of Spain governor for the top European Central Bank role at a Brussels summit. [#SpainProperty]() [#HousingMarket]() #RealEstateNews [#ECB]() [#SpanishEconomy]() 25 September 2026 at 10:29 ## [Spanish home sales drop 5.1% in July 2026]() > Spain recorded 61,417 property transactions in July as rising interest rates cooled the market, marking a 5.1% year-on-year decline. [#Inflation]() [#ECB]() 15 September 2026 at 08:44 ## [Spanish inflation hits 4.3% as oil prices surge]() > Inflation reached a three-year high in August as rising crude oil costs prompted the ECB to hike rates and the government to cut fuel duty. [#ECB]() [#Euribor]() [#BankOfSpain]() 10 September 2026 at 17:47 ## [ECB rate hike pushes Spanish mortgage costs up]() > Rising interest rates and a 12% surge in Spanish house prices have increased annual mortgage repayments by over 1,000 euros for owners. [#ECB]() #ChristineLagarde 10 September 2026 at 09:07 ## [ECB expected to raise interest rates to 2.5%]() > The European Central Bank is set to increase rates by 25 basis points in September as global sovereign bond yields reach 2008 levels. #Eurostat [#ECB]() 1 September 2026 at 13:21 ## [Eurozone inflation rises to 3.3% in August]() > Driven by a 14.3% surge in energy costs, Eurozone inflation reached 3.3% in August, remaining significantly above the ECB's 2% target. [#Euribor]() [#ECB]() #ChristineLagarde 31 August 2026 at 13:22 ## [Euribor rises to 2.95% in August 2026]() > The Euribor monthly average rose to 2.95% in August, increasing mortgage costs for homeowners as the rate nears the 3% threshold. [#Euribor]() 27 August 2026 at 08:28 ## [Mortgage approvals surge by 10.8% in June]() > New mortgage agreements rose to 45,907 in June as total lending reached 8,188 million euros despite rising interest rates.