The value of housing loans increased 9.8% in November year-on-year compared with November 2024, marking the 23rd consecutive month of growth, with the stock of credit totalling €110.1 billion, the Bank of Portugal said today.
Mortgage lending volume rises 9.8% to €110.1 billion in November
Friday, 2 January 2026RSS
RSS source
Context & Explainers
The State guarantee for young people’s mortgages is a targeted government scheme—a €1.2 billion guarantee line launched about a year ago—designed to help younger buyers obtain mortgage credit by lowering bank risk. By the end of November banks had drawn €626 million, so young residents and first‑time buyers may find it easier to secure loans, though banks still set final eligibility and terms.
