<h2>Euribor vs Fixed Rate Mortgages: Which Is Better Right Now?</h2>
<p>With 3-month Euribor at <strong>2.163%</strong>, the gap between variable and fixed rates has narrowed.</p>
<h2>How Variable Rate Works</h2>
<p>Your rate = Euribor + bank margin (typically 0.75%&ndash;2.5%). Starts lower than fixed, benefits from rate cuts.</p>
<h2>How Fixed Rate Works</h2>
<p>You lock one rate for 5-30 years. Predictable payments, protects against spikes.</p>
<h2>Breakeven Analysis</h2>
<p>A 10-year fixed costs about 0.8% more than variable right now. Given ECB signaling, the market expects stability or small cuts.</p>
<h2>Country-by-Country</h2>
<ul>
<li><strong>Spain:</strong> Variable preferred (95% of loans).</li>
<li><strong>Germany:</strong> Fixed preferred (80%+).</li>
<li><strong>France:</strong> Mixed.</li>
<li><strong>Portugal:</strong> Trending toward fixed.</li>
</ul>
<h2>Verdict for 2026</h2>
<p>If you plan to sell/refinance within 5 years: go variable. If you want 10+ years of peace of mind: fix it.</p>