Mortgage Credit Transfer
Mixed rate was the contracted regime in 71% of home loans in 2023.
The mixed interest rate represented 71% of housing credit contracts in 2023. Check out the data, released by the Bank of Portugal (BdP).
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Bank of Portugal
Mortgage Savings Credit
Who benefits most from changes to the IRS?
Analysis reveals that changes to the IRS will benefit families with higher incomes.
Housing Credit Acquisition
Banks lend new maximum in mortgage credit to individuals.
A new record was reached in terms of home loan lending by banks to individuals in the last month of November. Find out the numbers involved and how to hire the best home loan in 2024.
Housing Credit Acquisition
What is the purpose of the credit responsibilities map?
The Banco de Portugal (BdP) credit responsibilities map is a document required when requesting financing from a banking institution, in order to assess whether you are in default on any credit. But what other information does this map include and how to interpret it?
Mortgage Savings Credit
Noncompliance with home loans: Find out what PERSI can do for you.
Are you in default with your home loan? The PERSI can help. Learn about the plan that banks must follow in this case, and find out how to save on your monthly installment.
Housing Credit Acquisition
Measure to fix the installment of the house? BdP warns of an increase in interest rates.
One of the measures taken by the Government to support Portuguese families with their home loans involves freezing the monthly installment at a fixed value for two years. However, the differential amount will have to be repaid...with interest, as warned by the Bank of Portugal.
Housing Credit Acquisition
Mortgage credit: Relief in the "stress" test now in effect.
The stress test applied by banks to clients' incomes applying for mortgage credit has been minimized, so that more Portuguese people can have their credit proposals approved. The measure imposed by the Bank of Portugal is now in force. Understand how it will work if you want to apply for a mortgage credit next year.
Housing Credit Acquisition
Banking commissions increasing: Banco de Portugal provides a comparator.
Bank commissions continue to be increased by banks, following the rise in interest rates. So, find out how to compare values and how to minimize the impact of this cost on housing credit.
Housing Credit Acquisition
Home loan: BdP eases stress test required for borrowers.
Looking to apply for a housing loan? We have good news for you: The Bank of Portugal (BdP) eased one of the requirements imposed on customers, making access to this type of financing easier. Understand what changes in the stress test required by banks, in this article.