Overview
- The rate slid through midyear after ECB cuts, reaching a July low of 2.079% before climbing as markets priced policy staying near 2%.
- The Dec. 30 daily reading stood at 2.250%, putting the December monthly average at 2.268%, according to the latest figures.
- Borrowers with annual mortgage reviews are set to see modest relief, with monthly payments falling by roughly €13 to €27.
- Semiannual reviews are already nudging installments higher; a typical €150,000 variable loan could pay €16.46 more per month, or €98.77 over six months.
- iAhorro projects limited moves in 2026, most likely in a 2.0%–2.3% range, with a drop toward about 1.8% only if the ECB cuts earlier than expected.