Monthly mortgage payments are set to rise again for borrowers whose contracts are reviewed in September. This situation directly affects homeowners with housing loans indexed to the Euribor rate.
The increase is due to the continuation of the upward trend in interest rates in the eurozone, which have been putting pressure on housing financing costs. The 12-month Euribor, used as a reference in most contracts in Portugal, has been recording rising values.
Consumers with payments to be reviewed this month will face an increase in their monthly burden, adding another rise to those that have already occurred in previous months. This situation has an impact on the family budget of thousands of Portuguese families.
The current economic context, marked by the restrictive monetary policy of the European Central Bank, continues to directly influence the housing credit market in Portugal.



