Housing
New mortgage lending sees biggest drop in a year and a half following Bank of Portugal measures
New mortgage loan grants fell significantly in the first month following the implementation of new Bank of Portugal (BdP) regulatory measures. This follows a peak of over 3 billion euros in lending recorded in March.
Why it mattersIf you are planning to apply for a mortgage, be aware that credit accessibility is tightening due to new central bank regulations, which may affect your borrowing capacity or approval process.
Diário de NotíciasRead original ↗
