12-Month Euribor Holds Steady at 2.081% in June, Offering Predictability for Mortgage Holders
Madrid, Spain – July 1, 2025 – The Banco de España has announced that the 12-month Euribor, the benchmark interest rate widely used for official mortgage contracts in Spain, has maintained its position at 2.081% for the month of June. This stability in the Euribor rate offers a degree of predictability for many Spanish households currently servicing variable-rate mortgages.
The 12-month Euribor is a key indicator that directly influences the monthly repayments for a significant portion of mortgage holders in Spain. Its consistent level in June suggests that borrowers with variable-rate mortgages tied to this index are likely to experience no change in their regular mortgage payments this month, assuming no other contractual adjustments are in play.
This steady rate comes at a time when many families are carefully managing their household budgets. The predictability offered by a stable Euribor can be a welcome relief, allowing individuals and families to plan their finances with greater confidence. For those considering taking out a new mortgage or remortgaging, the current 12-month Euribor figure provides a clear benchmark for understanding potential borrowing costs.
While this sustained level is positive for those currently benefiting from it, it is important for mortgage holders to remain aware of broader economic factors that could influence future Euribor movements. However, for the immediate future, the 2.081% figure represents a consistent financial landscape for a large segment of the Spanish mortgage market. The Banco de España’s continued monitoring of financial indicators will be crucial for understanding any potential shifts in interest rate trends moving forward.
The 12-month EURIBOR (official mortgage market reference rate) remained at 2.081% in June
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