The purchase of a house is a significant milestone in the lives of many people, and mortgage credit plays a fundamental role in this process in Portugal. Understanding how it works, what the main characteristics are, and the important aspects to take into account can make all the difference when it comes to making this decision. In this article, we will unravel the mysteries of mortgage credit in Portugal,...
Did you know that Euribor is the main indicator for most variable home loans in Portugal? Or is it also used to calculate interest on other financial products such as personal loans or bank deposits? We'll explain what it is, how it's calculated and how it affects citizens in a minute. Euribor is the interest rate paid by banks in the eurozone for lending money. Even easier: it's the price at which banks...