The implicit interest rate on mortgage loans rose again in September, extending the upward trend to 3.194%, reaching its highest level since September 2025, according to data released by INE statistics institute today.
The 3,194% represents an increase of 3,2 basis points from August’s 3,162% and is the highest since exactly a year ago, when it stood at 3,228%.
For contracts signed in the last three months, the interest rate rose from 2,910% in August to 2,959% in September.
Source: LUSA
Natasha Donn
Journalist for the Portugal Resident.