[#Euribor](<https://spainnews.co.uk/hashtag/euribor>) [#ECB](<https://spainnews.co.uk/hashtag/ecb>) #ChristineLagarde



# Euribor rises to 2.95% in August 2026

31 August 2026 at 13:22

> The Euribor monthly average rose to 2.95% in August, increasing mortgage costs for homeowners as the rate nears the 3% threshold.

The **Euribor** monthly average for August 2026 closed at 2.95%, marking the second consecutive monthly increase. During this period, the daily rate exceeded the 3% threshold for the first time in nearly two years, reflecting a shift in the current lending market.

This rise follows a Eurozone inflation rate of 2.9% in July 2026, which remains above the **European Central Bank**'s 2% medium-term target. Headed by **Christine Lagarde**, the ECB has scheduled its next meeting for 10 December 2026 to address these economic trends.

Homeowners with a 150,000 euro mortgage and one-point spread face an 810 euro annual increase. Those with 300,000 euro loans will see monthly payments rise by 135 euros, as noted by experts from HelpMyCash, Roams, and Fotocasa regarding the impact on borrowers.



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29 October 2026 at 14:30

## [Euribor expected to drop to 3.2% in October 2026](<https://spainnews.co.uk/article/euribor-expected-to-drop-to-3-2-in-october-2026-d829e79c>)

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15 October 2026 at 12:05

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25 September 2026 at 10:29

## [Spanish home sales drop 5.1% in July 2026](<https://spainnews.co.uk/article/spanish-home-sales-drop-5-1-in-july-2026-856eaaaf>)

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15 September 2026 at 08:44

## [Spanish inflation hits 4.3% as oil prices surge](<https://spainnews.co.uk/article/spanish-inflation-hits-4-3-as-oil-prices-surge-05a19261>)

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10 September 2026 at 17:47

## [ECB rate hike pushes Spanish mortgage costs up](<https://spainnews.co.uk/article/ecb-rate-hike-pushes-spanish-mortgage-costs-up-d1ccbb12>)

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10 September 2026 at 09:07

## [ECB expected to raise interest rates to 2.5%](<https://spainnews.co.uk/article/ecb-expected-to-raise-interest-rates-to-2-5-e6f6f5f7>)

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1 September 2026 at 13:21

## [Eurozone inflation rises to 3.3% in August](<https://spainnews.co.uk/article/eurozone-inflation-rises-to-3-3-in-august-a5ef57d0>)

> Driven by a 14.3% surge in energy costs, Eurozone inflation reached 3.3% in August, remaining significantly above the ECB's 2% target.

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27 August 2026 at 08:28

## [Mortgage approvals surge by 10.8% in June](<https://spainnews.co.uk/article/mortgage-approvals-surge-by-10-8-in-june-2f70bb93>)

> New mortgage agreements rose to 45,907 in June as total lending reached 8,188 million euros despite rising interest rates.
