Portugal's mortgage credit grows at fastest pace since 2003 (eco.sapo.pt)

• Mortgage credit in Portugal grows 10.7% YoY to €114.6 billion – highest since 2003.
• Growth far exceeds Eurozone average of 2.9%; trend since August 2024.
• Regulator plans to lower maximum debt-to-income ratio from 50% to 45% to prevent over-indebtedness.

"Portugal's mortgage loans reached €114.6 billion in April 2026, a 10.7% year-on-year increase – the highest growth since February 2003. The Bank of Portugal reported the acceleration, far above the Eurozone average of 2.9%. The regulator plans to reduce the maximum debt-to-income ratio from 50% to 45% to curb household over-indebtedness."