“Portugal has the largest credit granting in the last 17 years. Families are in debt more in terms of amount and number of contracts”

"Portugal has the largest credit granting in the last 17 years. Families are in debt more in terms of amount and number of contracts"

Podcast

Mortgage loan installments rise in December for most families with a variable rate. It is the first climb in almost two years. Only families with 12-month Euribor are currently escaping the worsening. DECO warns that the cycle of declines is over and that the next installments may bring further worsening. Listen to the podcast here

Economist Nuno Rico, from DECO Proteste, anticipates that the next few months will see stagnation, or even worsening of payments. That’s why he says it’s a good time to renegotiate contracts or pay off mortgage loans.

Every Friday, journalist Rita Neves summarizes the essentials of the main themes in the real estate market, with analysis from experts and protagonists in the sector. ‘Chave na Mão’, the Expresso podcast with 15-minute episodes.

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