Interest rates

By Michael Bruxo [email protected] The Portuguese government approved three measures at a Council of Minsters meeting on Thursday aimed at offsetting the effect of interest rate [...]

Successive rounds of ECB interest hikes have filtered down to Portugal’s housing market putting an extra 40% on the average monthly mortgage repayment to €370. This is according to data from the [...]

The European Central Bank must continue to pursue high interest rates in order to prevent a wage price spiral. This was the key message from the President of the ECB Christine Lagarde who warned [...]

A Portuguese economist who ran the country’s treasury and debt management agency IGCP, has warned that despite forecasts that interest rates will stabilise at between 2% and 3%, high interest [...]

The monthly interest repayments on mortgages has reached its highest level since 2009 according to the National Statistics Institute INE. In May the average monthly repayment stood at €352, up [...]

Portuguese families will have to fork out up to €270 extra per month starting January as mortgage lenders passed on the cost of European Central Bank interest rate hikes introduced to curb [...]

Analysts at bank BPI says that despite the Portuguese housing market showing a high level of resilience, there may be a housing market price correction of 1.5% in 2023. For 2022 overall, BPI [...]

The interest to be paid on Portuguese sovereign bonds has climbed over 3% for the first time in five years. Portuguese sovereigns are under intense pressure on International markets because [...]