Interest rate in housing loans in Portugal monthly 2022-2024, by purpose
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 January 2024, the highest interest rate was registered for house renovation, at 5.01 percent. House purchases recorded the highest interest rate implied in loans during the same month, at 4.62 percent. By November 2024, total interest rates implied in housing loans were at 4.19 percent.