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Portuguese with variable rate mortgages, especially those who have bought a home in recent years, should reach end of this year with Premium increases should approach €100 per month Increases of about 25% over the average premium paid with these new contracts. This is the expected effect of higher interest rates, Strongly pointed out by the European Central Bankon mortgage loan installments – but It could be worse If interest rates continue to rise in the markets, its speed will surprise.
So far, truth has trumped fiction. if In mid-February the Observer warnedBased on market futures indicators, the 12-month Euribor could rise to a positive “floor” in June, upon arrival this June not only This 12-month index is well above zero (0.361%) But, also, the six-month Euribor is very close to exceeding a value above zero as well.
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