Mortgage interest rate rises to 3.135% in July · Bica

Housing

Mortgage interest rate rises to 3.135% in July

The implicit interest rate on all mortgage contracts in Portugal rose to 3.135% in July, up from 3.101% in June. For contracts signed within the last three months, the interest rate increased from 2.853% in June to 2.910% in July.

Why it mattersIf you have a variable-rate mortgage, this increase confirms the ongoing trend of higher interest costs, which will likely be reflected in your next monthly installment.

Correio da Manhã· 2w agoRead original ↗

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