Business · Economy · 15 hrs ago
12-month Euribor rises to 3.317% on November 3
The 12-month Euribor rose to 3.317% on November 3, 2026, up from 3.304% the day before.
Its November average reached 3.311%, compared with 3.239% in October.
The Euribor is a benchmark based on the interest rates at which European banks lend to one another.
In Spain, about 75% of mortgages are linked to the Euribor, according to the figures provided.
When a variable mortgage is reviewed, its payment can change based on the latest rate and the rate at the previous review; the contract sets whether reviews happen every six or 12 months.
The Euribor is published on weekdays, and its movements can affect household mortgage costs.
The 12-month Euribor stood at 3.317% on November 3, 2026.
The rate was 0.013 percentage points higher than on the previous day.
The November monthly average was 3.311%, according to Expansión.
The Euribor is a benchmark for interbank lending and is used to calculate interest on many variable-rate mortgages in Spain.
Spanish variable mortgage payments are adjusted according to the review schedule set in each contract.
- Who
- European banks use the Euribor as a benchmark for lending to one another.
- What
- The 12-month Euribor rose to 3.317%, up 0.013 percentage points from the previous day.
- When
- November 3, 2026.
- Where
- The rate concerns the European interbank market; its mortgage effects are noted in Spain.
- Why
- The index is a reference for financial products, including variable-rate mortgages.
This story does not have two clearly opposing sides.
The 12-month Euribor was 3.304%.
The 12-month Euribor rose to 3.317%.
- Rate on November 3
- 3.317%
- Change from previous day
- +0.013 percentage points
- November 2026 monthly average
- 3.311%
- October 2026 monthly average
- 3.239%
- Spanish mortgages linked to Euribor
- Approximately 75% of mortgages, affecting more than 4 million households