Loans to buy a house are getting cheaper

Almost a year in a row of interest rates on housing loans falling. It is the lowest value since 2022.

The fees for law of new loan operations to housing came down in November last year.

According to figures from , the rate for new contracts is now in the 2,82%. And the lowest value since September 2022at the time with 2.26%.

This drop of 0.02 percentage points – interest rates fell for the 10th month in a row – makes asking for a Loans to buy a house are getting cheaper and cheaper.

The interest rate of renegotiations of loans in housing credit fell 0.06 percentage points to 2,84%.

The average in the Euro Zone is 3.3%. Portugal has the third lowest rateonly behind Malta and Spain. The highest rates are in Latvia and Estonia.

Data from Banco de Portugal show that families asked for 2.1 billion euros in November to buy a house – 110 million less compared to September.

Os young people up to 35 years, highlights the , represented 62% of loan applications.