1h Moratoriums on housing loans end today in regions affected by the storms

The grace periods for mortgage payments in areas impacted by recent severe weather conclude today.

Storm Kristin: mortgage payments may rise slightly with the end of the moratorium

7,400 moratoriums were requested by families and companies, totalling 930 million. The 90-day suspension ends this Tuesday. The Bank of Portugal recommends contacting banks in case of difficulties.

Banco de Portugal advises customers struggling to resume loan repayments after bad weather to contact banks

The moratorium that allowed for the temporary suspension of mortgage payments on permanent primary residences for families affected by the bad weather ends on April 28.

Banco de Portugal wants to make access to housing credit more difficult

The Portuguese central bank is looking to tighten requirements for mortgage loans.

MSN24 Apr

Divorcing with a mortgage: financial decisions for Portugal couples

Banco de Portugal prepares to curb housing credit while Government strengthens guarantees for young people

The Banco de Portugal is preparing measures to curb household debt, making access to housing credit more difficult. In contrast, the Government has increased the public guarantee for young people to buy homes by 750 million, increasing risky loans.

Banco de Portugal wants to make access to housing credit more difficult

The Portuguese central bank is looking to tighten requirements for mortgage loans.

Banco de Portugal prepares 'brake' on public guarantee allowing young people to finance 100% of a home

The Portuguese central bank is planning measures to restrict the state-backed guarantee scheme that enables young buyers to obtain full mortgage financing.

New message from the governor. Santos Pereira warns of rising household debt

At a time when the Government has decided to inject an additional 750 million euros into the public guarantee for young people to purchase homes with 100% financing, raising the total envelope to 2.3 billion euros, the Governor of the Bank of Portugal, Álvaro Santos Pereira, has issued a warning: after years of reducing debt, households...

Government doubles the pudding and makes the diabetic eat until they burst

Imagine a diabetic. You don't need to imagine much, just take a peek at the Sunday lunch table. The diabetic knows they cannot eat everything. They can eat a bit of bread. They can also, very sparingly, take a look at dessert. They cannot, under any circumstances, bury their face in the Abade de Priscos pudding as if...

Young people buy homes "with reduced financial margins and high sensitivity" to economic changes

Xfin, a Portuguese credit intermediary, facilitated 12,900 home loans last year, a 43% increase compared to 2024. While young people under 35 drove much of this activity, CEO Bernardino Machado warns that many are entering the market with thin financial buffers, making them highly vulnerable to interest rate hikes or income fluctuations. Despite the high demand, the average effort rate for these young borrowers reached 36%, highlighting the risks of prioritizing market entry over long-term financial security.

This rate is the top choice for home loans in Portugal (and the 6-month Euribor has almost tripled) - Human Resources Portugal

An analysis of the most popular interest rate options for mortgage lending in Portugal, noting the significant increase in the 6-month Euribor rate.

Human Resources Portugal18 Apr

War in Iran is already reflected in mortgage loans: monthly payments have been more expensive since February

The war in the Middle East is already impacting family budgets, and those with mortgage loans whose payments were reviewed in April are already paying more to the bank.

Euribor rates fall for three and 12 months and rise for six months

The Euribor rate fell this Wednesday, the 8th, for the three-month and 12-month terms, while rising for the six-month term compared to Tuesday. Following today's changes, the three-month rate, which dropped to 2.162%, remained below the six-month (2.525%) and 12-month (2.860%) rates. The six-month Euribor rate, which became the most widely used in Portugal for variable-rate mortgage loans in January 2024, rose today to 2.525%, an increase of 0.013 percentage points from Tuesday. Data from the Bank of Portugal (BdP) for February indicates that the six-month Euribor accounted for 39.18% of the stock of variable-rate loans for permanent primary residences. The same data shows that the 12-month and three-month Euribor rates accounted for 31.73% and 24.79%, respectively. Conversely, the 12-month Euribor rate fell today to 2.860%, down 0.012 points from the previous session. The three-month Euribor also decreased today, fixed at 2.162%, down 0.008 points. In March, the monthly average of the Euribor rose across all three terms, most significantly in the two longer ones. The monthly average for the three-month Euribor rose 0.098 points to 2.109%. For the six-month and 12-month terms, the Euribor average rose 0.178 points to 2.322% and 0.344 points to 2.565%, respectively. On 19 March, the ECB maintained its key interest rates for the sixth consecutive monetary policy meeting, as anticipated by the market, following eight reductions since the institution began its cutting cycle in June 2024. The next ECB monetary policy meeting will take place on 29 and 30 April in Frankfurt, Germany. Euribor rates are determined by the average of the rates at which a panel of 19 euro-area banks are willing to lend to each other in the interbank market.

Once upon a time there was a little house in the countryside and no one opened the door

The State is relaxing rules, but does not guarantee that other agents will follow this change. Banks maintain conservative criteria, while municipalities operate with broad and ambiguous margins of interpretation. A chronicle by Liliana Carona.

Interest rates used for home loans rise across all terms

Euribor rates, which serve as the basis for calculating monthly mortgage payments in variable or mixed-rate contracts, rose this Tuesday across all terms. The six-month Euribor rate increased to 2.512%, up 0.054 points from Thursday. For the 12-month term, the Euribor rate also rose.