Housing
Fixed, mixed or variable rate: how are the Portuguese protecting themselves from rising interest rates?
Mixed-rate mortgages have become the most common choice for new housing loans in Portugal, accounting for 86% of new contracts in July. Mixed-rate loans now represent 48.3% of the total outstanding stock of mortgages, narrowly surpassing variable-rate loans, which currently hold a 47% share.
Why it matters
If you are considering a mortgage or renegotiating an existing one, the shift toward mixed rates reflects a broader trend among borrowers to lock in stability for a period rather than relying solely on variable indices like Euribor.SIC NotíciasRead original ↗
Useful?
