The Bank of Spain published October 2026 mortgage reference rates, with one year Euribor falling slightly to 3.239% from 3.247% in September. The index, the main benchmark used to set interest rates on mortgages granted by Spanish credit institutions, was 1.052 percentage points above its level a year earlier. Among the other mortgage benchmarks, the five year interest rate swap rate stood at 3.455%, while the one year reference rate based on the euro short-term rate (€STR) was 2.077%. The official reference rates become valid upon publication in Spain’s Official State Gazette.
Bank of Spain reports one year Euribor at 3.239% in October, down slightly from September but up 1.052 percentage points from a year earlier
The Bank of Spain reported that one year Euribor, the main benchmark for Spanish mortgages, edged down to 3.239% in October 2026 from 3.247% in September. Despite the monthly decline, it remained 1.052 percentage points higher than a year earlier.