Interest rates implied in housing loans in Portugal have skyrocketed during the considered period. In January 2022, the interest rate implied in loans for housing construction was 0.63 percent, while in August 2023, it exceeded four percent. In August 2023, the highest interest rate was registered for house renovation, at 4.38 percent. House purchases recorded the lowest interest rate implied in loans during the same month, at 4.07 percent. By December of the same year, total interest rates implied in housing loans were at 4.59 percent.
Interest rate implied in housing loans in Portugal from January 2022 to December 2023, by financing purpose
Characteristic
Housing construction
House purchase
House renovation
Total
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Statistics Portugal. (January 19, 2024). Interest rate implied in housing loans in Portugal from January 2022 to December 2023, by financing purpose [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1415934/portugal-interest-rate-in-housing-loans-by-financing-purpose/
Statistics Portugal. "Interest rate implied in housing loans in Portugal from January 2022 to December 2023, by financing purpose." Chart. January 19, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1415934/portugal-interest-rate-in-housing-loans-by-financing-purpose/
Statistics Portugal. (2024). Interest rate implied in housing loans in Portugal from January 2022 to December 2023, by financing purpose. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1415934/portugal-interest-rate-in-housing-loans-by-financing-purpose/
Statistics Portugal. "Interest Rate Implied in Housing Loans in Portugal from January 2022 to December 2023, by Financing Purpose." Statista, Statista Inc., 19 Jan 2024, https://www.statista.com/statistics/1415934/portugal-interest-rate-in-housing-loans-by-financing-purpose/
Statistics Portugal, Interest rate implied in housing loans in Portugal from January 2022 to December 2023, by financing purpose Statista, https://www.statista.com/statistics/1415934/portugal-interest-rate-in-housing-loans-by-financing-purpose/ (last visited July 22, 2024)
Interest rate implied in housing loans in Portugal from January 2022 to December 2023, by financing purpose [Graph], Statistics Portugal, January 19, 2024. [Online]. Available: https://www.statista.com/statistics/1415934/portugal-interest-rate-in-housing-loans-by-financing-purpose/