The Lisboeta

Mortgage lending accelerates in October to the highest rate since 2008

Thursday, 27 November 2025RSS
Mortgage lending accelerates in October to the highest rate since 2008

Mortgage lending saw a historic acceleration in October. In that month, resident banks lent nearly one billion euros for home purchases, with the rate accelerating for the 22nd consecutive month, reaching the highest level since the subprime financial crisis. The latest statistics from the Bank of Portugal revealed this trend.

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