Portugal's Average Mortgage Rate Nudges Up for the First Time Since January 2024 — New Borrowers Now Paying €700 a Month
INE data: Portuguese housing credit rate rose from 3.079% to 3.088% in March — the first uptick in 14 months. Euribor's Middle-East turn is the cause, and it hits new contracts hardest, where the average payment is now €700 (up 15.9% year-on-year).