April 23, 2024

Drop in spot intrest rates in 2024 affects housing credit in Portugal

Families are buying more expensive houses and asking banks for more money, reveals a report by idealista/créditohabitação. The demand for housing credit in Portugal has been shaped by the context of high interest rates and low purchasing power experienced in the last year. Families have been buying houses at lower prices and asking for smaller loan amounts. But at the start of 2024 this trend was...

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