Overview

• Euribor closed July at 2.079%, a slight decrease from June’s 2.081%.
• The rate remains about 1.5 percentage points under its July 2024 level, delivering up to €2,900 in annual savings for some homeowners.
• Monthly payments for a €150,000 mortgage at Euribor + 0.99% are now over €120 lower than a year ago.
• July and August usually bring limited Euribor movement as banks postpone major rate adjustments until autumn.
• Experts say another ECB rate cut could push Euribor into a 1.8%–2% range by the end of 2025.