Rise of the Euribor may worsen payments by almost 90 euros

Housing loan payments with variable rates are expected to rise in November due to the Euribor averages recorded in October. For a typical loan of 150,000 euros, monthly increases may range from 17.37 to 88.70 euros, depending on the index and last revision date. The most significant increase will affect contracts indexed to the 12-month Euribor, with payments rising to 736.33 euros, an increase of 88.70 euros from the previous revision. The ECB is expected to maintain interest rates this Thursday, but a potential increase in December could further impact Euribor rates and housing loan payments. The decision will depend on energy price trends and their inflationary effects.