The average implicit interest rate on Portuguese home loans rose for the fourth consecutive month in September, reaching 3.194% according to the National Statistics Institute (Instituto Nacional de Estatística or INE). The average monthly mortgage installment climbed to 423 euros, five euros higher than in August and 30 euros more than in September 2025. Interest charges now represent more than half of the total monthly payment made by Portuguese households.
Mortgage Interest Rates in Portugal Climb to One-Year High
Wednesday, 21 October 2026AI summary
Context & Explainers
INE (Instituto Nacional de Estatística) is Portugal's official statistics office, responsible for collecting, processing, and publishing data on the economy, population, housing, employment, inflation, and social conditions.
Key INE publications include the Consumer Price Index (CPI), quarterly GDP figures, housing price indices, census data, and labor market statistics. These figures are widely used by policymakers, journalists, lenders, and international organizations to assess Portugal's economic and social trends.
INE data is publicly available at ine.pt, where users can access databases, press releases, and interactive tools covering everything from property prices to demographic shifts.
