The annual average interest rate on new residential loans in Portugal generally decreased between 2007 and 2022 with some fluctuation in the years before 2012. From 4.78 percent in 2007, the annual average interest rate reduced to 0.83 percent in 2021. In 2022, it dramatically increased to 3.24 percent.
Annual average interest rate on new residential loans in Portugal from 2007 to 2022
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Annual average interest rate
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Representative interest rates include six main types:
Weighted average interest rate on loans to households for house purchase. Initial fixed period interest rate up to 1 year on loans for house purchase. Initial fixed period interest rate over 1 and up to 5 years on loans for house purchase. Initial fixed period interest rate over 5 and up to 10 years on loans for house purchase. Initial fixed period interest rate of over 10 years on loans for house purchase. Other.
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European Mortgage Federation. (September 7, 2023). Annual average interest rate on new residential loans in Portugal from 2007 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/916245/annual-average-interest-rate-on-new-residential-loans-in-portugal/
European Mortgage Federation. "Annual average interest rate on new residential loans in Portugal from 2007 to 2022." Chart. September 7, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/916245/annual-average-interest-rate-on-new-residential-loans-in-portugal/
European Mortgage Federation. (2023). Annual average interest rate on new residential loans in Portugal from 2007 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/916245/annual-average-interest-rate-on-new-residential-loans-in-portugal/
European Mortgage Federation. "Annual Average Interest Rate on New Residential Loans in Portugal from 2007 to 2022." Statista, Statista Inc., 7 Sep 2023, https://www.statista.com/statistics/916245/annual-average-interest-rate-on-new-residential-loans-in-portugal/
European Mortgage Federation, Annual average interest rate on new residential loans in Portugal from 2007 to 2022 Statista, https://www.statista.com/statistics/916245/annual-average-interest-rate-on-new-residential-loans-in-portugal/ (last visited July 22, 2024)
Annual average interest rate on new residential loans in Portugal from 2007 to 2022 [Graph], European Mortgage Federation, September 7, 2023. [Online]. Available: https://www.statista.com/statistics/916245/annual-average-interest-rate-on-new-residential-loans-in-portugal/