Edición: Bank of Portugal

New Residential Mortgage Issuance Soared in October

7 December 2020 – According to data published by the Bank of Portugal, after an increase in September, the issuance of new mortgage loans accelerated again in October, while interest rates on such loans once again fell to a record low. The total volume of loans issued reached more than 9 billion euros in the […]

Mortgage Lending Hits 12-Year High

4 November 2020 – Seeing the market as a major source of revenue, Portugal’s banks are maintaining their focus on residential mortgage loans. Above eight billion euros, the level of new home loans has hit a post-2008 high, according to figures from the Bank of Portugal. In the first nine months of the year, the […]