Mortgage lending

Portuguese high-street bank BCP has fixed the monthly interest repayments on around 300 mortgages. The decision was made on the back of a government measure that aims to protect families from [...]

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 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 [...]

Some 14% of all mortgages in Portugal were awarded to overseas citizens with Brazilians the top buyers according to data revealed by the Bank of Portugal. It represents an increase on 2021 when [...]

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 [...]

The Euribor interest rate for 12 months ultimately fixed on mortgages lent by banks has hit the 3% mark for the first time in 14 years. The last time the rate was pegged so high was on 1 January, [...]

Mortgages will go up between 10% and 55% from December. Monthly repayments on mortgages will rise again from December by between 10% and 55%. They will rise at a particularly challenging time for [...]

The European Central Bank has warned that Portugal is in a group of countries that are prone to “problematic loans”. Increases in interest rates will affect families where mortgages are [...]

The average monthly mortgage repayment in Portugal will be €273 by July 2023 according to a forecast from the Bank of Portugal. The Euribor forecast represents 75% of the average monthly payment [...]