Overview
- The 12‑month Euribor closed October with a 2.187% average, marking a third straight monthly increase.
- Since July, the index has climbed about 0.108 percentage points, and it topped 2.2% on eight trading days in October.
- The ECB left its deposit rate at 2% for a fourth month, a stance analysts say is anchoring the index near current levels.
- Mortgages with semi‑annual revisions using October now see small payment increases, typically around €5–€12 a month for common loan sizes.
- Year‑on‑year, the index is still about 0.5 points below October 2024 (2.691%), so many annual reviews continue to lower monthly payments.