Property: Mortgages news in Portugal

Mortgage lending: "You don't stay in your first home for 40 years, nor 35, nor 30"

Young people are buying homes but are in the firing line, with 'the third worst wages in the EU'

Credit intermediaries surpass banks for the first time

In 2025, credit intermediaries brokered 50.6% of loans in Portugal. This is the first time since 2018, when the sector was regulated by the Bank of Portugal.

Euribor rate falls at three months and rises at six and 12 months

The three-month rate, which fell to 2.313%, remained below the six-month (2.631%) and 12-month (2.809%) rates. The six-month Euribor accounted for 39.56% of the stock of loans for primary residences.

Portugal’s Development Bank considers state-backed housing guarantees for middle class

Portugal’s state-owned development bank is studying the possibility of providing public housing guarantees to help middle-income families and vulnerable households access home ownership, its president Gonçalo Regalado has revealed. Speaking The post Portugal’s Development Bank considers state-backed housing guarantees for middle class appeared first on Portugal Resident.

Six-month Euribor rate rises to new high since January 2025

The three-month Euribor fell today while the six-month rate rose, reaching its highest level since January 2025, following the European Central Bank's decision to raise key interest rates on Thursday.

Six-month Euribor rises to new high since January 2025

The Euribor fell this Friday for the three-month term and rose for the six-month term, reaching a high since January 2025 for the latter, following the European Central Bank's interest rate hike on Thursday. With today's changes, the three-month rate, which fell to 2.380%, remained below the six-month rate (2.639%).

Euribor rises across all maturities. Three-month rate reaches highest level since March 2025

The increase occurs in a week marked by the ECB meeting

Euribor rises at 3, 6 and 12 months, reaching a high since April 2025 for the shortest term

The market anticipated this maintenance of key interest rates, but expects an increase at the next ECB monetary policy meeting, which will be held on the 10th and 11th in Frankfurt, Germany.

Banco de Portugal adjusts debt-to-income ratio and loan maturities for mortgages

The central bank has introduced changes to the debt-to-income ratio requirements and the maximum maturity periods for housing loans.

sapo.pt27 May

Changes to housing credit: will it be harder to buy a house? Pedro Andersson does the math

Buying a house may become even more difficult for thousands of Portuguese families. In this episode of the Contas-poupança podcast, Pedro Andersson explains what is at stake, who may be most affected, and, above all, what you can do to prepare before applying for a bank loan.

Majority of mortgages awarded with over 80% credit in Portugal

Essential Business22 May

Record in credit to families. Banks lent more than 4 billion in a single month for the first time

Despite the war in the Middle East, the month of March brought a record in credit to families: for the first time, loans granted to individuals exceeded 4 billion euros in a single month. Specifically, banks granted 4.057 billion euros for the purchase of homes, cars, and other purposes, according to...

A "major squeeze" is coming for home loan repayments

Vítor Costa, executive editor of CNN Portugal, anticipates how housing credit is expected to evolve.

ECB keeps interest rate unchanged at 2%

The decision was announced this Thursday. The interest rate that serves as a benchmark for housing loans remains at 2% for the seventh consecutive time, maintaining the same value since June of last year.

Euribor rates rise for three, six, and 12 months

The Euribor rate rose today for three, six, and 12 months compared to Thursday.

Bankinter: Spaniards aim to beat Montepio and Crédito Agrícola

The bank, which bought Barclays' operations 10 years ago, says it has an “aggressive” mortgage lending policy but is “very selective” when choosing clients. Out of “prudence,” it has granted fewer loans with collateral.

Euribor rate falls but March average soars across all three maturities

The three, six, and 12-month Euribor rates fell compared to Monday, but March ends with the monthly average rising significantly across all three terms. Following Tuesday's changes, the three-month rate dropped to 2.079%, remaining below the six-month (2.475%) and 12-month (2.870%) rates. The monthly average for March rose across all terms, most sharply in the longer ones. The three-month average rose 0.098 points to 2.109%, while the six-month and 12-month averages increased by 0.178 points to 2.322% and 0.344 points to 2.565%, respectively. The six-month rate, now the most common in Portugal for variable-rate mortgages, fell 0.054 points today. Bank of Portugal data from January shows the six-month rate accounts for 38.93% of variable-rate home loans, with 12-month and three-month rates at 31.78% and 24.98%. On March 19, the ECB maintained its key interest rates for the sixth consecutive meeting. The next meeting is scheduled for April 29-30 in Frankfurt.

The war in Iran and the Portuguese banking customer

The article examines the financial literacy of Portuguese consumers, noting a preference for variable-rate mortgages over fixed-rate options, leaving them vulnerable to interest rate hikes. With the ECB warning of potential rate increases due to the conflict in Iran and the threat to the Strait of Hormuz, the author questions the long-term financial planning of Portuguese households, who are heavily exposed to market volatility compared to their European counterparts.

One in four first-time home buyer loans in 2025 financed at 90%

Around 24% of new credit operations for permanent primary residences had financing above 90%, driven by the public guarantee, at a level equivalent to that before the entry into force of macroprudential measures, the Bank of Portugal announced today.

Housing loan repayments increase in April

The rise in Euribor is associated with the uncertainty created by the war in the Middle East.

Housing: Public guarantee to help young people accounts for 17% of new loans

The Bank of Portugal warns that loans with state guarantees have contributed to increasing debt levels and the debt-to-income ratio for those taking out mortgages to buy a home.

Seven out of ten new homeowners with mortgages will be paying off their homes until age 70

The state guarantee is bringing more young people into the market, but also more debt, longer terms, and higher risk in specific segments. The state guarantee for young people may drive up house prices and carries macroeconomic risks.

Euribor rates rise at 6 and 12 months to highs of over a year

The Euribor rates, which serve as the basis for calculating home loan repayments, rose at three, six, and 12 months, with the two longer terms reaching their highest levels since February 2025 and October 2024, respectively. The six-month Euribor rate advanced to 2.468%, up 0.062 points from the previous session.

Weight of foreigners in housing credit doubled in 5 years

The share of foreigners in housing credit has practically doubled in five years, in a list led by Brazil by a wide margin over other nationalities. This applies to both the number of contracts signed and the total amount contracted, according to data released this Wednesday by the Banco de Portugal. The supervisor...