Latest news and stories about mortgage renegotiation in Portugal for expats and residents.
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Renegotiating a mortgage is one of the most significant financial decisions in our lives — and choosing between a fixed or variable rate can mean paying tens of thousands of euros more or less over the years.
'Look at your loan agreement the same way you look at your telecoms contract.' That is the advice of Deco economist Nuno Rico regarding home loans. The current period is ideal for renegotiation, and most banks are willing to do so rather than risk losing a customer to competitors.
