The Euribor today, August 19, 2026, rises to 2.977%, which represents an increase of 0.021 percentage points compared to the last record. The indicator used as the main reference for variable mortgages in Spain is approaching the 3% barrier again in an August marked by several sessions around 2.9%.
The Bank of Spain confirmed that the official average for July was 2.855%, compared to 2.798% in June.
The Euribor rises today to 2.977%
The daily quotation of the 12-month Euribor advances this Wednesday from 2.956% to 2.977%. The movement represents a daily increase of 0.021 percentage points and leaves the indicator just 0.023 points from 3%.
The daily data serves to track the evolution of the index during August, but it is not the percentage that is directly applied to all mortgage revisions. For these operations, the corresponding monthly average is usually used as established in each contract.
August has not yet ended, and therefore, its definitive average cannot be known. The last official monthly value published by the Bank of Spain corresponds to July 2026 and is 2.855%.
| Date | Daily Euribor | Daily Variation |
|---|---|---|
| August 3 | 2.939% | -0.025 |
| August 4 | 2.927% | -0.012 |
| August 5 | 2.930% | +0.003 |
| August 6 | 2.884% | -0.046 |
| August 7 | 2.898% | +0.014 |
| August 10 | 2.905% | +0.007 |
| August 11 | 2.913% | +0.008 |
| August 12 | 2.957% | +0.044 |
| August 13 | 2.943% | -0.014 |
| August 14 | 2.939% | -0.004 |
| August 17 | 2.937% | -0.002 |
| August 18 | 2.956% | +0.019 |
| August 19 | 2.977% | +0.021 |
The Euribor closed July at 2.855%
The official data for July represented an increase compared to the 2.798% recorded in June. The difference between the two months was 0.057 percentage points, prolonging the upward movement that has taken the index to levels significantly higher than a year ago.
The year-on-year comparison is particularly relevant for households that will soon have to update a variable mortgage. In July 2025, the Euribor was at 2.079%, so the closing of July 2026 was 0.776 points higher.
The specific effect on each loan will depend on the outstanding capital, the contracted differential, the remaining term, and the frequency of the revision. Therefore, two mortgages referenced to the same index may experience different variations in their payment.
What today's Euribor means for variable mortgages
For a mortgage that is reviewed using the monthly data from August, it will be necessary to wait for the end of the month. The 2.977% from this Wednesday is a daily quotation, so it should not be confused with the future monthly average of August.
The official reference used in Spain is the one-year Euribor, which the Bank of Spain defines as the main index used to set the interest rate of mortgage loans granted by Spanish credit institutions.
The evolution of the upcoming sessions will determine where August ends. If the quotations remain close to the current levels, the monthly average will continue to move away from the 2.855% of July; if they retreat, that difference could be reduced before the end of the month.