Overview

• The Euribor closed April 2025 with a monthly average of 2.143%, its lowest since August 2022, following an ECB rate cut to 2.25%.
• This represents the largest year-on-year drop in 16 years, falling by 1.555 percentage points compared to April 2024's 3.703%.
• Variable-rate mortgage holders are seeing monthly savings of €130 to €260, translating to annual reductions of up to €3,142 for larger loans.
• Analysts predict the Euribor could drop below 2% by summer, contingent on further ECB rate adjustments and macroeconomic data.
• The ECB’s next meeting on June 5 will be critical in shaping monetary policy, with potential for additional rate cuts being closely watched.