Business · Markets · 6 hrs ago

Euribor daily rate falls to 3.204% on November 9

Euribor daily rate falls to 3.204% on November 9

On November 9, 2026, the Euribor’s daily rate fell to 3.204%, down 0.044 percentage points from the previous published rate.

It was the fourth consecutive daily decline.

The Euribor is a rate at which major European banks lend to one another.

It is used as a reference for many variable-rate mortgages in Spain, so changes can affect borrowers’ monthly payments when their loans are reviewed.

A lower Euribor can mean lower payments, while a higher one can mean higher payments.

October’s monthly average was 3.276%, above September’s 3.247%.

The rate is calculated on weekdays and announced publicly in Spain, so it will continue to be updated on working days.

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El Mundo reportNews report
If the Euribor rises, monthly mortgage payments also increase. If the Euribor falls, payments decrease.
via El Mundo